4//SEC Filing
Strickland O Jean 4
Accession 0001209191-09-041053
CIK 0000730708other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 2:04 PM ET
Size
14.7 KB
Accession
0001209191-09-041053
Insider Transaction Report
Form 4
Strickland O Jean
Exec. VP & Pres. of Subsidiary
Transactions
- Purchase
Common Stock
2009-08-14$2.25/sh+133,333$299,999→ 133,333 total
Holdings
- 1,100
Common Stock
- 57,385
Stock-settled Stock Appreciation Right
Exercise: $22.22From: 2009-04-02Exp: 2017-04-02→ Common Stock (57,385 underlying) - 42,168
Common Stock
- 18,200
Stock-settled Stock Appreciation Right
Exercise: $26.72From: 2008-05-16Exp: 2016-05-16→ Common Stock (18,200 underlying) - 9,446.146
Common Stock
- 11,000
Common Stock Right to Buy
Exercise: $17.08From: 2004-11-17Exp: 2013-11-17→ Common Stock (11,000 underlying) - 220
Common Stock
- 4,000
Common Stock Right to Buy
Exercise: $22.40From: 2005-12-21Exp: 2014-12-21→ Comomon Stock (4,000 underlying)
Footnotes (8)
- [F1]Shares purchased in a common stock offering, a final prospectus on which was filed with the SEC on August 17, 2009 pursuant to the Securities Act of 1933 Rule 424(b)(4).
- [F2]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
- [F3]Represent shares held in the Company's Profit Sharing Plan of June 30, 2009
- [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 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]Shares held jointly with spouse
- [F6]Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan.
- [F7]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.
- [F8]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.
Documents
Issuer
SEACOAST BANKING CORP OF FLORIDA
CIK 0000730708
Entity typeother
Related Parties
1- filerCIK 0001328776
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 2:04 PM ET
- Size
- 14.7 KB