HUDSON DENNIS S III 4

Accession 0000730708-23-000133

CIK 0000730708other

View on SEC.gov Company Profile

Filed

Dec 20, 7:00 PM ET

Accepted

Dec 21, 5:55 PM ET

Size

22.4 KB

Accession

0000730708-23-000133

Insider Transaction Report

Form 4

Period: 2023-12-19

SEACOAST BANKING CORP OF FLORIDASBCF

HUDSON DENNIS S III

DirectorChairman & CEO

Transactions

Exercise/Conversion
Common Stock Right to Buy
2023-12-19−51,956→ 0 total
Exercise: $14.82Exp: 2024-02-28→ Common Stock (51,956 underlying)
Exercise/Conversion
Common Stock
2023-12-19$10.54/sh+50,000$527,000→ 285,063 total
Tax Payment
Common Stock
2023-12-19$29.17/sh−36,101$1,053,066→ 235,063 total
Exercise/Conversion
Common Stock
2023-12-19$14.82/sh+51,956$769,988→ 271,164 total
Tax Payment
Common Stock
2023-12-19$29.17/sh−25,842$753,811→ 259,221 total
Exercise/Conversion
Common Stock Right to Buy
2023-12-19−50,000→ 0 total
Exercise: $10.54From: 2015-04-29Exp: 2024-04-29→ Common Stock (50,000 underlying)

Holdings

Common Stock
1,862
Common Stock
3,512
Common Stock Right to Buy
Exercise: $31.15Exp: 2028-04-02→ Common Stock (55,279 underlying)
55,279
Common Stock
18,104
Common Stock
(indirect: By Trust)
21,867
Common Stock Right to Buy
Exercise: $28.69Exp: 2027-04-03→ Common Stock (78,021 underlying)
78,021
Common Stock
9,356
Common Stock
32,198.788
Common Stock
(indirect: By Partnership)
51,416

Footnotes (14)

[F1]Shares held in Trust.
[F10]Originally has 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.
[F11]Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
[F12]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.
[F13]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.
[F14]Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan
[F2]The reporting person exercised 51,956 options as part of a cashless exercise whereby 36,101 shares were exchanged as payment for such options and applicable tax withholding, netting 15,855 shares.
[F3]The reporting person exercised 50,000 options as part of a cashless exercise whereby 25,842 shares were exchanged as payment for such options and applicable tax withholding, netting 24,158 shares.
[F4]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.
[F5]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.
[F6]Held in IRA.
[F7]Shares held jointly with spouse.
[F8]Represents shares held in the Company's Retirement Savings Plan as of September 30, 2023.
[F9]Granted pursuant to Company's 2013 Incentive Plan.

Documents

1 file

4
wk-form4_1703199303.xmlPrimary
FORM 4

Issuer

SEACOAST BANKING CORP OF FLORIDA

CIK 0000730708

→

Entity typeother

Related Parties

filerCIK 0001078596

Filing Metadata

Form type: 4
Filed: Dec 20, 7:00 PM ET
Accepted: Dec 21, 5:55 PM ET
Size: 22.4 KB

View on SEC.gov