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Filing Details

Accession Number:: 0001209191-23-009977
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-02-16 13:24:57
Reporting Period:: 2023-02-14

Accepted Time:: 2023-02-16 13:24:57
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
1726466	Juliette Kleffel	Po Box 9012 Stuart FL 34995		No	No	No	Yes

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-02-14	5,253	$15.99	43,607	No	4	M	Direct
Common Stock	Acquisiton	2023-02-14	3,247	$28.69	46,854	No	4	M	Direct
Common Stock	Disposition	2023-02-14	8,500	$31.88	38,354	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Right to Buy	Disposition	2023-02-14	5,253	$0.00	5,253	$15.99
Common Stock	Common Stock Right to Buy	Disposition	2023-02-14	3,247	$0.00	18,078	$28.69

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2024-03-31	No	4	M	Direct
14,831		2027-04-03	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership
Common Stock	6,678	Direct
Common Stock	1,261	Direct
Common Stock	2,184	Direct

Reported Derivative Holdings

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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	12,635	12,635	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2028-04-02	12,635	12,635	Direct

Footnotes

Represents 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.
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.
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.
Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan.
Two tiered vesting. First, performance vesting must be met which requires that: 1) the market price of Seacoast common stock increase to 120% or more of the exercise price; and 2) Seacoast's Tier 1 Capital must be equal to or greater than the regulatory standard. Once performance criteria is met, option shall vest 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.
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.