X0304 5 2011-12-31 0 0 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 Chairman & CEO Common Stock 164800.072 D Common Stock 98843 D Common Stock 156407 D Common Stock 336 D Common Stock 16553 D Common Stock 99340 D Common Stock 1121778 I Held by Sherwood Partners, Ltd., a family partnership Common Stock 1400 I Held by spouse as custodian for son Stock-settled Stock Appreciation Rights 22.22 2009-04-02 2017-04-02 Common Stock 73135 73135 D Stock-settled Stock Appreciation Rights 26.72 2008-05-16 2016-05-16 Common Stock 27600 27600 D Common Stock Right to Buy 22.40 2005-12-21 2014-12-21 Common Stock 30000 30000 D Common Stock Right to Buy 17.08 2004-11-17 2013-11-17 Common Stock 75000 75000 D Represent shares held in the Company's Retirement Savings Plan as of December 31, 2011 Shares held in trust Shares held jointly with spouse Represents unvested time-based restricted stock granted on 2/2/2007 under Seacoast's 2000 Long-Term Incentive Plan, the remainder of which shall vest on 2/2/2012, subject to continued employment. Represents a restricted stock award granted under the Company's 2000 Long Term Incentive Plan to compensate Mr. Hudson for his loss in base salary as a result the Company's Salary and Benefits Committee's decision to limit executive officers' base salaries to $500,000 as long as the Company's equity securities issued to the U.S. Department of Treasury in accordance with the Capital Purchase Program (the "CPP") established under the Troubled Asset Relief Program ("TARP") remain outstanding. The restricted stock will vest and become freely transferable on the later of (i) the date when the Company has fully repaid all TARP assistance, or (ii) the second anniversary of the date of grant. Represents unvested shares in performance based restricted stock award granted under Seacoast's 2008 Long-Term Incentive Plan on August 23, 2011 ("Grant Date"). These awards are subject to compliance with the EESA, and will vest in their entirety on the later of: i) the fifth anniversary of the Grant Date, provided Mr. Hudson is employed by the Company or a subsidiary on such date, and ii) the Company's attainment of an annual return on equity of 10% or more for any fiscal year starting after the Grant Date. Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan Vests over 5 years in 25% increments beginning on the second anniversary of the date of grant (the date indicated) and then in 25% increments on each of the following three anniversaries thereafter, subject to continue employment. Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (the date indicated) 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 2012-01-20