Filing Details

Accession Number:
0001209191-23-014271
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-01 18:09:42
Reporting Period:
2023-02-27
Accepted Time:
2023-03-01 18:09:42
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
1627974 M Charles Shaffer Seacoast Banking Corporation Of Florida
P. O. Box 9012
Stuart FL 34995
Chairman, President & Ceo Yes Yes 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 Acquisiton 2023-02-27 2,400 $11.00 65,588 No 4 M Direct
Common Stock Disposition 2023-02-27 2,400 $30.71 63,188 No 4 S Direct
Common Stock Disposition 2023-02-27 2,297 $30.71 60,891 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Right to Buy Disposition 2023-02-27 2,400 $0.00 2,400 $11.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-06-28 2023-06-28 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,574 Direct
Common Stock 18,346 Direct
Common Stock 5,241 Direct
Common Stock 6,147 Direct
Common Stock 1,147 Direct
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 18,952 18,952 Direct
Common Stock Common Stock Right to Buy $28.69 2027-04-03 28,544 28,544 Direct
Common Stock Common Stock Right to Buy $14.82 2024-02-28 21,255 21,255 Direct
Common Stock Common Stock Right to Buy $10.54 2015-04-29 2024-04-29 25,000 25,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-04-02 18,952 18,952 Direct
2027-04-03 28,544 28,544 Direct
2024-02-28 21,255 21,255 Direct
2024-04-29 25,000 25,000 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $30.71 to $30.73, inclusive. The Reporting Person undertakes to provide, upon request, to 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. 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.
  3. 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.
  4. 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.
  5. Shares in the Company's Employee Stock Purchase Plan.
  6. Share equivalents held in Company's Retirement Savings Plan as of December 31, 2022.
  7. Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
  8. Vests over 5 years at the rate of 20% on the first anniversary of the date of grant and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continued employment.
  9. 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.
  10. Originally had two tiered vesting. Performance criteria was met and 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.
  11. 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), and then at the rate of 20% on each of the following two anniversaries thereafter 20%, subject to continued employment.