SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Idell Jennifer

(Last) (First) (Middle)
42745 U.S. HIGHWAY 27

(Street)
DAVENPORT FL 33837

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/19/2016
3. Issuer Name and Ticker or Trading Symbol
CenterState Banks, Inc. [ CSFL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO effective 6/1/16
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 4,506 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Qualified Incentive Stock Option (1) 08/03/2020 Common Stock 5,000 $8.87 D
Restricted Stock Grants (2) 06/08/2022 Common Stock 5,250 $6.78 D
Restricted Stock Grants (3) 01/01/2017 Common Stock 1,995 $11.77 D
Restricted Stock Grants (4) 01/01/2018 Common Stock 5,029 $14.21 D
Restricted Share Units (5) 01/01/2019 Common Stock 2,581 $14.23 D
Explanation of Responses:
1. Five thousand options issued on 8/3/10 pursuant to Incentive Stock Option Plan. Exercisable at a rate of 10% per year for eight years and the remaining 20% after the ninth year. Ten year term.
2. Pursuant to the restricted stock agreement, common shares will vest at a rate of 750 shares every June 8th during the years 2016 through 2022.
3. Restricted stock grant issued pursuant to 2013 Equity Incentive Plan. Vesting date is 1/1/17, subject to certain contingencies.
4. Restricted stock grant issued pursuant to 2013 Equity Incentive Plan. Vesting date is 1/1/18, subject to certain contingencies.
5. Restricted Share Units ("RSU") awarded on 9/17/15. The awards will vest at a rate of one third on each January 1, 2017, 2018 and 2019. There is a two year holding period after each vest date. The units are exchangeable with the Company's common stock at a rate of 1 for 1 after the vesting date and two year holding period.
Remarks:
Jennifer Idell 05/19/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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