4//SEC Filing
SEACOAST BANKING CORP OF FLORIDA 4
Accession 0001209191-05-038135
$SBCFCIK 0000730708operating
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 9:41 AM ET
Size
13.1 KB
Accession
0001209191-05-038135
Insider Transaction Report
Form 4
CURTIS C WILLIAM JR
Sr. Exec. VP & CBO
Transactions
- Sale
Common Stock
2005-07-21$21.52/sh−10,000$215,158→ 60,782 total(indirect: By Spouse)
Holdings
- 5,500
Common Stock
- 15,000
Common Stock Right to Buy
Exercise: $17.08Exp: 2013-11-17→ Common Stock (15,000 underlying) - 48,600
Common Stock Right to Buy
Exercise: $8.79From: 1999-07-01Exp: 2008-06-30→ Common Stock (48,600 underlying) - 4,700
Common Stock
- 110(indirect: By Spouse)
Common Stock
- 7,000
Common Stock Right to Buy
Exercise: $22.40Exp: 2014-12-21→ Common Stock (7,000 underlying)
Footnotes (7)
- [F1]Represents unvested shares in time-based restricted stock awards 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 unvested shares in performance based restricted stock awards granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, over a 5-year performance period beginning the fiscal year after the award was granted as to the following percentage of shares based on Seacoast's EPS growth over the performance period compared to the prior fiscal year's 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 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]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.
- [F6]Granted pursuant to Seacoast Banking Corportion of Florida's 1996 Long-Term Incentive Plan
- [F7]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.
Documents
Issuer
SEACOAST BANKING CORP OF FLORIDA
CIK 0000730708
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000730708
Filing Metadata
- Form type
- 4
- Filed
- Jul 21, 8:00 PM ET
- Accepted
- Jul 22, 9:41 AM ET
- Size
- 13.1 KB