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4//SEC Filing

CURTIS C WILLIAM JR 4

Accession 0001209191-05-039218

CIK 0000730708other
View on SEC.govCompany Profile

Filed

Jul 28, 8:00 PM ET

Accepted

Jul 29, 10:09 AM ET

Size

17.3 KB

Accession

0001209191-05-039218

Insider Transaction Report

Form 4
Period: 2005-07-28
SEACOAST BANKING CORP OF FLORIDASBCF
CURTIS C WILLIAM JR
Sr. Exec. VP & CBO
Transactions
  • Exercise/Conversion

    Common Stock

    2005-07-28$8.79/sh+20,000$175,758→ 20,000 total
  • Exercise of In-Money

    Comon Stock Right to Buy

    2005-07-28$8.79/sh−20,000$175,758→ 28,600 total
    Exercise: $8.79From: 1999-07-01Exp: 2008-06-30→ Common Stock (20,000 underlying)
  • Gift

    Common Stock

    2005-07-28−20,000→ 0 total
Holdings

  • Common Stock

    5,500

  • Common Stock Right to Buy

    Exercise: $22.40Exp: 2014-12-21→ Common Stock (7,000 underlying)
    7,000

  • Common Stock

    (indirect: By Spouse)
    110

  • Common Stock

    4,700

  • Common Stock Right to Buy

    Exercise: $17.08Exp: 2013-11-17→ Common Stock (15,000 underlying)
    15,000
Footnotes (8)
  • [F1]The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price is $8.787879.
  • [F2]Gifted to spouse
  • [F3]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.
  • [F4]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.
  • [F5]Granted pursuant to Seacoast Banking Corportion of Florida's 1996 Long-Term Incentive Plan
  • [F6]Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan
  • [F7]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.
  • [F8]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.

Documents

1 file

Issuer

SEACOAST BANKING CORP OF FLORIDA

CIK 0000730708

→
Entity typeother

Related Parties

1
  • filerCIK 0001200655

Filing Metadata

Form type
4
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 10:09 AM ET
Size
17.3 KB
View on SEC.gov