Home/Filings/5/0001209191-09-008192
5//SEC Filing

Strickland O Jean 5

Accession 0001209191-09-008192

CIK 0000730708other

Filed

Feb 10, 7:00 PM ET

Accepted

Feb 11, 4:38 PM ET

Size

27.0 KB

Accession

0001209191-09-008192

Insider Transaction Report

Form 5
Period: 2008-12-31
Strickland O Jean
Exec. VP & Pres. of Subsidiary
Transactions
  • Disposition to Issuer

    Common Stock

    2008-12-312,7501,100 total
  • Award

    Common Stock

    2008-04-30$9.98/sh+75$7494,747 total
  • Exercise/Conversion

    Common Stock

    2008-05-14$8.79/sh+18,100$159,06137,310 total
  • Award

    Common Stock

    2008-01-31$11.84/sh+60$7104,672 total
  • Award

    Common Stock

    2008-06-30$7.37/sh+1$74,748 total
  • Award

    Common Stock

    2008-07-31$8.05/sh+94$7574,842 total
  • Exercise of In-Money

    Common Stock Right to Buy

    2008-05-14$8.79/sh18,100$159,0610 total
    Exercise: $8.79From: 1999-07-01Exp: 2008-06-30Common Stock (18,100 underlying)
  • Award

    Common Stock

    2008-09-30$10.19/sh+5$514,847 total
Holdings
  • Common Stock

    220
  • Common Stock Right to Buy

    Exercise: $17.08From: 2004-11-17Exp: 2013-11-17Common Stock (11,000 underlying)
    11,000
  • Stock-settled Stock Appreciation Rights

    Exercise: $22.22From: 2009-04-02Exp: 2017-04-02Common Stock (57,385 underlying)
    57,385
  • Common Stock

    9,772.278
  • Stock-settled Stock Appreciation Rights

    Exercise: $26.72From: 2008-05-16Exp: 2016-05-16Common Stock (18,200 underlying)
    18,200
  • Common Stock Right to Buy

    Exercise: $22.40From: 2005-12-21Exp: 2014-12-21Common Stock (4,000 underlying)
    4,000
Footnotes (13)
  • [F1]Includes restricted stock that vested in 2008
  • [F10]The form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of the stock option is $8.787879.
  • [F11]Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan.
  • [F12]Represents stock-settled stock appreciation rights which will vest over five years in 25% increments beginning on the second anniversary of the date of grant (the date indicated)and each of the following three anniversaries thereafter, subject to continued employment
  • [F13]Vests 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 thereafter, subject to continued employment.
  • [F2]Shares held jointly with spouse
  • [F3]Performance-based restricted stock that did not vest during the performance period and was forfeited.
  • [F4]Represents a restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, over a 5-year performance period beginning January 1, 2005. Restricted stock awards vest based on achievement of EPS targets compared to the prior fiscal year: 38% EPS growth = 25% vesting; 50% growth = 50% vesting; 75% EPS growth = 75% vesting; 85% EPS growth = 100% vesting. Notwithstanding the above schedule, 100% of the performance based awards shall vest on the fifth anniversary of the grant date if the 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]Automatic dividend reinvestment of shares held in Employee Stock Purchase Plan
  • [F6]Represent shares held in the Company's Employee Stock Purchase Plan
  • [F7]Represent unvested shares in a time-based restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, on December 21, 2009
  • [F8]Represent shares held in the Company's Profit Sharing Plan as of December 31, 2008
  • [F9]Granted pursuant to Seacoast Banking Corporation of Florida's 1996 Long-Term Incentive Plan.

Issuer

SEACOAST BANKING CORP OF FLORIDA

CIK 0000730708

Entity typeother

Related Parties

1
  • filerCIK 0001328776

Filing Metadata

Form type
5
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 4:38 PM ET
Size
27.0 KB