4//SEC Filing
CURTIS C WILLIAM JR 4
Accession 0000730708-04-000002
CIK 0000730708other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 4:31 PM ET
Size
18.2 KB
Accession
0000730708-04-000002
Insider Transaction Report
Form 4
CURTIS C WILLIAM JR
Sr. Exec. VP & CBO
Transactions
- Exercise/Conversion
Common Stock
2004-08-10$8.79/sh+24,000$210,910→ 41,800 total - Exercise/Conversion
Common Stock
2004-08-10$7.73/sh+9,800$75,728→ 17,800 total - Gift
Common Stock
2004-08-10−33,800→ 8,000 total - Exercise of In-Money
Common Stock Right to Buy
2004-08-10$7.73/sh−9,800$75,728→ 0 totalExercise: $7.73From: 2001-05-20Exp: 2007-05-20→ Common Stock (9,800 underlying) - Exercise of In-Money
Common Stock Right to Buy
2004-08-10$8.79/sh−24,000$210,910→ 48,600 totalExercise: $8.79From: 1999-07-01Exp: 2008-06-30→ Common Stock (24,000 underlying)
Holdings
- 110(indirect: By Spouse)
Common Stock
- 15,000
Common Stock Right to Buy
Exercise: $17.08Exp: 2013-11-17→ Common Stock (15,000 underlying)
Footnotes (7)
- [F1]4,000 shares represent a restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest over 5 years at the rate of 20% on each anniversary of the date of grant (11/17/03), subject to continued employment. Another 4,000 shares represent a restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, over a 5-year performance period beginning Jan. 1, 2004 as to the following percentage of shares based on the Company's EPS growth over the performance period compared to fiscal year 2003 EPS: 38% EPS growth=25% vesting; 50% EPS growth=50% vesting; 75% EPS growth=75% vesting; 85% EPS growth=100% vesting. Notwithstanding the above schedule, 100% of the performance based award shall vest on the fifth anniversary of the grant date if the Company achieves an ROE of at least 16.5% for 3 consecutive quarters during the performance period, regardless of whether the EPS targets are met.
- [F2]Gifted 33,800 shares to spouse
- [F3]Granted pursuant to Seacoast Banking Corporation of Florida's 1996 Long-Term Incentive Plan
- [F4]The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of Mr. Curtis' stock options is $7.727273.
- [F5]The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of Mr. Curtis' stock options is $8.787879.
- [F6]Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan
- [F7]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.
Documents
Issuer
SEACOAST BANKING CORP OF FLORIDA
CIK 0000730708
Entity typeother
Related Parties
1- filerCIK 0001200655
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 4:31 PM ET
- Size
- 18.2 KB