-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E+8WssduR4+xou9aqIB7b8SD6IcrKjLVyK08EwBPbRqEq+1/uO4UlcNF093GpeV9 avGwg9d5xfI/DMfj390SWw== 0001078596-04-000001.txt : 20040422 0001078596-04-000001.hdr.sgml : 20040422 20040422125135 ACCESSION NUMBER: 0001078596-04-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040421 FILED AS OF DATE: 20040422 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SEACOAST BANKING CORP OF FLORIDA CENTRAL INDEX KEY: 0000730708 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 592260678 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 815 COLORADO AVE STREET 2: P O BOX 9012 CITY: STUART STATE: FL ZIP: 34994 BUSINESS PHONE: 5612874000 MAIL ADDRESS: STREET 1: 815 COLORADO AVE STREET 2: P O BOX 9012 CITY: STUART STATE: FL ZIP: 34995 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HUDSON DENNIS S III CENTRAL INDEX KEY: 0001078596 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13660 FILM NUMBER: 04747575 BUSINESS ADDRESS: STREET 1: 815 COLORADO AVENUE STREET 2: P O BOX 9012 CITY: STUART STATE: FL ZIP: 34995-9012 BUSINESS PHONE: 5612886085 MAIL ADDRESS: STREET 1: 815 COLORADO AVENUE STREET 2: P O BOX 9012 CITY: STUART STATE: FL ZIP: 34995-9012 4 1 primary_doc.xml PRIMARY DOCUMENT X0201 4 2004-04-21 0 0000730708 SEACOAST BANKING CORP OF FLORIDA SBCF 0001078596 HUDSON DENNIS S III 815 COLORADO AVENUE P O BOX 9012 STUART FL 34995-9012 1 1 0 0 President & CEO Common Stock 2004-04-21 4 S 0 15510 19.78 A 40457 D Common Stock 71610 D Common Stock 1121778 I Held by Sherwood Partners, Ltd., a family partnershp Common Stock 24200 I Held by spouse Common Stock Right to Buy 17.08 2013-11-17 Common Stock 75000 75000 D Common Stock Right to Buy 5.303 1999-02-21 2005-02-20 Common Stock 19800 19800 D Common Stock Right to Buy 6.5909 2000-06-18 2006-06-17 Common Stock 19800 19800 D Common Stock Right to Buy 7.7273 2001-05-20 2007-05-20 Common Stock 19800 19800 D Common Stock Right to Buy 8.7879 1999-07-01 2008-06-30 Common Stock 72600 72600 D 17,500 shares represent a restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest over 5 years at the rate of 20% on each anniversary of the date of grant (11/17/03), subject to continued employment. Another 17,500 shares represent 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, 2004 as to the following percentage of shares based on the Company's EPS growth over the performance period compared to fiscal year 2003 EPS: 38% EPS growth=25% vesting; 50% EPS growth=50% vesting; 75% EPS growth=75% vesting; 85% EPS growth=100% vesting. Notwithstanding the above schedule, 100% of the award 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. Held jointly with spouse Granted pursuant to Seacoast's 2000 Long-Term Incentive Plan Vests over 5 years at the rate of 20% on the first anniversary of the date of the grant and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continued employment. Granted pursuant to Seacoast's 1991 Stock Option and Stock Appreciation Rights Plan Granted pursuant to Seacoast's 1996 Long-Term Incentive Plan The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of Mr. Hudson's stock options is $8.787879. The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of Mr. Hudson's stock options is $7.72727. Dennis S. Hudson, III 2004-04-22 -----END PRIVACY-ENHANCED MESSAGE-----