4//SEC Filing
SEACOAST BANKING CORP OF FLORIDA 4
Accession 0001209191-16-104519
$SBCFCIK 0000730708operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:39 PM ET
Size
7.0 KB
Accession
0001209191-16-104519
Insider Transaction Report
Form 4
FOWLE STEPHEN A
EVP & Chief Financial Officer
Transactions
- Award
Common Stock Right to Buy
2016-02-29+14,170→ 14,170 totalExercise: $14.82Exp: 2024-02-28→ Common Stock (14,170 underlying)
Holdings
- 51,078
Common Stock
Footnotes (3)
- [F1]Represents unvested shares in a time-based restricted stock award granted under Seacoast's 2013 Long-Term Incentive Plan on May 12, 2015 ("Grant Date"). As long as Mr. Fowle remains employed by the Company, one-third of these shares shall vest on March 15, 2016, and the remaining shares shall vest in equal increments on March 15, 2017 and March 15, 2018.
- [F2]Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan
- [F3]Two tiered vesting. First, performance vesting must be met which requires that: 1) the market price of Seacoast common stock increase to 120% or more of the exercise price; and 2) Seacoast's Tier 1 Capital must be equal to or greater than the regulatory standard. Once performance criteria is met, option shall vest in equal installments at the end of each month over the next 48 months, provided that Optionee remains in Continuous Service on each applicable vesting date.
Documents
Issuer
SEACOAST BANKING CORP OF FLORIDA
CIK 0000730708
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000730708
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:39 PM ET
- Size
- 7.0 KB