4//SEC Filing
SEACOAST BANKING CORP OF FLORIDA 4
Accession 0001140361-14-037338
$SBCFCIK 0000730708operating
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 5:10 PM ET
Size
11.7 KB
Accession
0001140361-14-037338
Insider Transaction Report
Form 4
Ludwig Eugene
Director10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2014-10-01+2,488,292→ 7,958,382 total(indirect: See footnote.)
GOLDSTEIN ROBERT
Director10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2014-10-01+2,488,292→ 7,958,382 total(indirect: See footnote.)
CapGen Capital Group III LLC
Director10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2014-10-01+2,488,292→ 7,958,382 total(indirect: See footnote.)
CapGen Capital Group III LP
Director10% Owner
Transactions
- Award
Common Stock, par value $0.10 per share
2014-10-01+2,488,292→ 7,958,382 total(indirect: See footnote.)
Footnotes (4)
- [F1]In connection with the merger (the "Merger") of The BANKshares, Inc. with and into the Issuer on October 1, 2014, pursuant to the Agreement and Plan of Merger, dated April 24, 2014, between the Issuer, The BANKshares, Inc., and BankFIRST, CapGen Capital Group III LP ("CapGen III") received 2,488,292 shares of Common Stock, in exchange for the aggregate number of shares of the BANKshares, Inc. common stock held by CapGen III as of the consummation of the Merger. On October 1, 2014, the effective date of the Merger, the closing price of the Common Stock was $10.97 per share.
- [F2]CapGen Capital Group III LLC ("CapGen LLC") is the sole general partner of CapGen III. Mr. Eugene A. Ludwig is the managing member of CapGen LLC. As the sole general partner of CapGen III, CapGen LLC may be deemed to be the indirect beneficial owner of the shares of Common Stock on this row under Rule 16a-1(a)(2) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, CapGen LLC disclaims that it is the beneficial owner of such shares, except to the extent of its pecuniary interest.
- [F3]As the managing member of CapGen LLC, Mr. Ludwig may be deemed to be the indirect beneficial owner of the shares of Common Stock under Rule 16a-1(a)(2) promulgated under the Exchange Act. As a principal member and member of the investment committee of CapGen LLC, the general partner of CapGen III, Mr. Goldstein may be deemed to be the indirect beneficial owner of such shares under Rule 16a-1(a)(2) promulgated under the Exchange Act. Pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, each of Mr. Ludwig and Mr. Goldstein disclaims that he is the beneficial owner of such shares, except to the extent of his pecuniary interest.
- [F4]Includes 335 shares held by Mr. Goldstein directly and 7,958,382 shares held by CapGen III.
Documents
Issuer
SEACOAST BANKING CORP OF FLORIDA
CIK 0000730708
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000730708
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 5:10 PM ET
- Size
- 11.7 KB