4//SEC Filing
SEACOAST BANKING CORP OF FLORIDA 4
Accession 0001209191-07-061685
$SBCFCIK 0000730708operating
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 11:15 AM ET
Size
13.0 KB
Accession
0001209191-07-061685
Insider Transaction Report
Form 4
CURTIS C WILLIAM JR
Sr. Exec. VP & CBO
Transactions
- Gift
Common Stock
2007-11-02−600→ 79,304 total(indirect: By Spouse)
Holdings
- 2,500
Common Stock
- 110(indirect: By Spouse)
Common Stock
- 5,500
Common Stock
- 11,588
Common Stock
- 2,000
Common Stock
- 7,000
Common Stock Right to Buy
Exercise: $22.40From: 2005-12-21Exp: 2014-12-21→ Common Stock (7,000 underlying) - 10,000
Comon Stock Right to Buy
Exercise: $17.08From: 2004-11-17Exp: 2013-11-17→ Common Stock (10,000 underlying)
Footnotes (6)
- [F1]Gifted shares to 4 Charities
- [F2]Represents a time-based restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest over 5 years, beginning on the second anniversary of the date of grant at a rate of 25%, and then at the rate of 25% on each of the following three anniversaries, subject to continued employment.
- [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 performance based award shall vest on the fifth anniversary of the grant date if Company 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 Corporation of Florida's 2000 Long-Term Incentive Plan
- [F6]Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (first anniversary date noted above) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continued employment.
Documents
Issuer
SEACOAST BANKING CORP OF FLORIDA
CIK 0000730708
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000730708
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 11:15 AM ET
- Size
- 13.0 KB