SEACOAST BANKING CORP OF FLORIDA 4/A
4/A · SEACOAST BANKING CORP OF FLORIDA · Filed Feb 16, 2005
Insider Transaction Report
Form 4/AAmended
CURTIS C WILLIAM JR
Sr. Exec. VP & CBO
Transactions
- Award
Common Stock Right to Buy
2004-12-21$22.40/sh+7,000$156,800→ 7,000 totalExercise: $22.40Exp: 2014-12-21→ Common Stock (7,000 underlying) - Award
Common Stock
2004-12-21+1,500→ 4,700 total
Holdings
- 70,782(indirect: By Spouse)
Common Stock
- 110(indirect: By Spouse)
Common Stock
- 48,600
Common Stock Right to Buy
Exercise: $8.79From: 1999-07-01Exp: 2008-06-30→ Common Stock (48,600 underlying) - 15,000
Common Stock Right to Buy
Exercise: $17.08Exp: 2013-11-17→ Common Stock (15,000 underlying)
Footnotes (7)
- [F1]Represents restricted stock award(s) granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest 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, subject to continued employment.
- [F2]Represents performance based restricted stock award(s) granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, over a 5-year performance period as to the following percentage of shares based on Seacoast's EPS growth over the performance period compared to the EPS for the fiscal year-end prior to the performance period: 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 award will vest on the fifth anniversary of the grant date if Seacoast achieves an ROE of at least 16.5% for 3 consecutive quarters during the performance period, regardless of whether the EPS targets are met.
- [F3]Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan
- [F4]Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (12/21/2004) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continue employment.
- [F5]Granted pursuant to Seacoast Banking Corportion of Florida's 1996 Long-Term Incentive Plan
- [F6]The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of the stock options is $8.787879.
- [F7]Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (11/17/03) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continue employment.