SEACOAST BANKING CORP OF FLORIDA 4
4 · SEACOAST BANKING CORP OF FLORIDA · Filed Feb 22, 2017
Insider Transaction Report
Form 4
GOLDSTEIN ROBERT
Director10% Owner
Transactions
- Sale
Common Stock, par value $0.10 per share
2017-02-21$22.25/sh−6,210,000$138,172,500→ 1,253,141 total
Holdings
- 12,437(indirect: See footnote.)
Common Stock, par value $0.10 per share
- 9,950
Common Stock, par value $0.10 per share
- 49,373
Common Stock, par value $0.10 per share
- 52,985
Common Stock, par value $0.10 per share
Footnotes (9)
- [F1]CapGen Capital Group III LP ("CapGen III") sold 6,210,000 shares of common stock, par value $0.10 per share ("Common Stock"), of Seacoast Banking Corporation of Florida (the "Issuer") in an underwritten public offering by Issuer and CapGen III, which closed on February 21, 2017.
- [F2]The sale price reflects the public offering price. The price received by the reporting person will be $21.02625 per share, which is net of an underwriting discount of $1.22375 per share.
- [F3]CapGen Capital Group III LLC ("CapGen LLC"), as the sole general partner of CapGen III, may be deemed to be an indirect beneficial owner of the shares in 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.
- [F4]Each of Mr. Ludwig, as the managing member of CapGen LLC, Mr. Sullivan, as a member of the investment committee of CapGen LLC, and Mr. Goldstein and Mr. Rose, as principal members and members of the investment committee of CapGen LLC, may be deemed to be an indirect beneficial owner of the shares in this row pursuant to Rule 16a-1(a)(2) promulgated under the Exchange Act.
- [F5]Pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, each of Mr. Ludwig, Mr. Sullivan, Mr. Rose and Mr. Goldstein disclaims that he is the beneficial owner of the shares in this row, except to the extent of his pecuniary interest.
- [F6]Mr. Goldstein directly owns the shares reported in this row.
- [F7]The shares reported in this row are held in a retirement account over which Mr. Goldstein holds discretionary authority.
- [F8]Mr. Sullivan directly owns the shares reported in this row.
- [F9]Mr. Rose directly owns the shares reported in this row.