Filing Details

Accession Number:
0001209191-23-007397
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-06 21:14:58
Reporting Period:
2023-02-02
Accepted Time:
2023-02-06 21:14:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
730708 Seacoast Banking Corp Of Florida SBCF State Commercial Banks (6022) 592260678
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1078596 Iii S Dennis Hudson Seacoast Banking Corp. Of Florida
P.o. Box 9012
Stuart FL 34995
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-02-02 8,078 $33.01 160,538 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 21,867 Indirect Held by Spouse in Trust
Common Stock 3,816 Direct
Common Stock 3,669 Direct
Common Stock 5,241 Direct
Common Stock 9,356 Direct
Common Stock 31,392 Direct
Common Stock 18,104 Direct
Common Stock 51,416 Indirect Held by Sherwood Partners, Ltd, family partnership
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Common Stock Right to Buy $31.15 2028-04-02 55,279 55,279 Direct
Common Stock Common Stock Right to Buy $28.69 2027-04-03 78,021 78,021 Direct
Common Stock Common Stock Right to Buy $14.82 2024-02-28 51,956 51,956 Direct
Common Stock Common Stock Right to Buy $10.54 2015-04-29 2024-04-29 50,000 50,000 Direct
Common Stock Common Stock Right to Buy $11.00 2014-06-28 2023-06-27 19,400 19,400 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-04-02 55,279 55,279 Direct
2027-04-03 78,021 78,021 Direct
2024-02-28 51,956 51,956 Direct
2024-04-29 50,000 50,000 Direct
2023-06-27 19,400 19,400 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price, of which 6,331 shares were sold at $32.9961 and 1,747 shares were sold at $33.0602. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price for this transaction.
  2. Shares held in Trust
  3. Represents an unvested time-based restricted stock award granted on April 1, 2020, which shall vest over 3 years in one-third increments, beginning April 1, 2021, and on each anniversary thereafter, subject to continued employment.
  4. Represents an unvested time-based restricted stock award granted on April 1, 2021, which shall vest over 3 years in one-third increments, beginning April 1, 2022, and on each anniversary thereafter, subject to continued employment.
  5. Represents an unvested time-based restricted stock award granted on April 1, 2022, which shall vest over 3 years in one-third increments, beginning April 1, 2023, and on each anniversary thereafter, subject to continued employment.
  6. Held in IRA
  7. Represents shares held in the Company's Retirement Savings Plan as of December 31, 2022
  8. Shares held jointly with spouse
  9. Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan
  10. Vests over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continuous employment on each vesting date and the Company's banking subsidiary meets certain capital requirements.
  11. Originally had two tiered vesting. The performance criteria was met and the time-based vesting began on 12/1/2016. Option vests in equal installments at the end of each month over the next 48 months, provided that Optionee remains in continuous service on each applicable vesting date.
  12. Vests over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continued employment.