Home/Filings/4/0001209191-09-008194
4//SEC Filing

Strickland O Jean 4

Accession 0001209191-09-008194

CIK 0000730708other

Filed

Feb 10, 7:00 PM ET

Accepted

Feb 11, 4:40 PM ET

Size

17.6 KB

Accession

0001209191-09-008194

Insider Transaction Report

Form 4
Period: 2009-02-11
Strickland O Jean
Exec. VP & Pres. of Subsidiary
Transactions
  • Small Acquisition

    Common Stock

    2009-01-31$4.36/sh+11$484,858 total
  • Other

    Common Stock

    2009-02-054,8580 total
  • Other

    Common Stock

    2009-02-05+4,85842,168 total
Holdings
  • Common Stock

    220
  • Common Stock

    9,772.278
  • Stock-settled Stock Appreciation Right

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

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

    Exercise: $17.08From: 2004-11-17Exp: 2013-11-17Common Stock (11,000 underlying)
    11,000
  • Common Stock Right to Buy

    Exercise: $22.40From: 2005-12-21Exp: 2014-12-21Comomon Stock (4,000 underlying)
    4,000
  • Common Stock

    1,100
Footnotes (10)
  • [F1]Automatic dividend reinvestment of shares held in Employee Stock Purchase Plan
  • [F10]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]Represent shares held in the Company's Employee Stock Purchase Plan
  • [F3]Moved shares from Employee Stock Purchase Plan into joint account with spouse
  • [F4]Shares held jointly with spouse
  • [F5]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
  • [F6]Represent shares held in the Company's Profit Sharing Plan of December 31, 2008
  • [F7]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 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.
  • [F8]Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan.
  • [F9]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 anniversaires thereafter, subject to continued employment.

Issuer

SEACOAST BANKING CORP OF FLORIDA

CIK 0000730708

Entity typeother

Related Parties

1
  • filerCIK 0001328776

Filing Metadata

Form type
4
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 4:40 PM ET
Size
17.6 KB