-----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, SgC56UwAPSiBcB3O1ZfO8w7C2lkIBb2F2Kh0YxA5Wo2kUaLSTPCgHhhKaa9+55oZ b2SoPvLFMLsgHxnlY+RlIw== 0001209191-05-010717.txt : 20050218 0001209191-05-010717.hdr.sgml : 20050218 20050218095849 ACCESSION NUMBER: 0001209191-05-010717 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050217 FILED AS OF DATE: 20050218 DATE AS OF CHANGE: 20050218 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: 05625952 BUSINESS ADDRESS: 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 doc4.xml FORM 4 SUBMISSION X0202 4 2005-02-17 0 0000730708 SEACOAST BANKING CORP OF FLORIDA SBCF 0001078596 HUDSON DENNIS S III SEACOAST BANKING CORP. OF FLORIDA P.O. BOX 9012 STUART FL 34995 1 1 0 0 President & CEO Common Stock 2005-02-17 4 M 0 19800 5.303 A 78474 D Common Stock 20500 D Common Stock 24000 D Common Stock 20967 D Common Stock 1121778 I Shares held by Sherwood Partners, Ltd., a family partnership Common Stock 24200 I Shares held by spouse Common Stock Right to Buy 5.303 2005-02-17 4 X 0 19800 5.303 D 1999-02-21 2005-02-20 Common Stock 19800 0 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 Common Stock Right to Buy 17.08 2013-11-17 Common Stock 75000 75000 D Common Stock Right to Buy 22.40 2014-12-21 Common Stock 30000 30000 D Shares held jointly with spouse Represents unvested shares in time-based restricted stock awards granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest 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, subject to continued employment. Represents unvested shares in performance based restricted stock awards granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, over a 5-year performance period beginning the fiscal year after the award was granted as to the following percentage of shares based on Seacoast's EPS growth over the performance period compared to the prior fiscal year's 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 will vest on the fifth anniversary of the grant date if Seacoast achieves an ROE of at least 16.5% for 3 consecutive quarters during the performance period, regardless of whether the EPS targets are met. Shares held in Trust Granted pursuant to Seacoast Banking Corporation of Florida's 1991 Stock Option and Stock Appreciation Rights Plan Granted pursuant to Seacoast Banking Corportion of Florida'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 the stock options is $7.72727. The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of the stock options is $8.787879. Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (11/17/03) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continue employment. Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (12/21/2004) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continue employment. Sharon Mehl as Power of Attorney for Dennis S. Hudson, III 2005-02-18 -----END PRIVACY-ENHANCED MESSAGE-----