SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GURGOVITS STEPHEN J
(Last) (First) (Middle)
591 BUHL BOULEVARD
(Street)
SHARON PA 16146
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FNB CORP/FL/ [ FNB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2005
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 13,313 D(1)
Common Stock 5,064.1196 D
Common Stock 11,651.6302 D
Common Stock 02/23/2005 P 500 A $18.87 8,506 I By Wife
Common Stock 444 I By Wife
Common Stock 294 D
Common Stock 16,586.5766 I By Trust (Deferred Plan)
Common Stock 2,280.4014 I By Trust (401K Plan)
Common Stock 4,694.7847 I By Trust (401K Plan)
Common Stock 543 D
Common Stock(2) 27,354.7973 D
Common Stock(2) 22,700 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Granted 01/26/1997) $8.95 (3) 01/26/2007 Common Stock 34,179 34,179 D
Stock Options (Granted 01/18/1998) $13.78 (3) 01/18/2008 Common Stock 31,571 31,571 D
Stock Options (Granted 01/24/1999) $10.62 (3) 01/24/2009 Common Stock 77,301 77,301 D
Stock Options (Granted 04/29/1999) $10 04/30/2000 04/29/2009 Common Stock 403 403 D
Stock Options (Granted 01/23/2000) $10.21 (4) 01/23/2010 Common Stock 82,741 82,741 D
Stock Options (Granted 01/23/2000) $10.21 01/24/2001 01/23/2010 Common Stock 1,319 1,319 D
Stock Options (Granted 01/22/2001) $10.44 (4) 01/22/2011 Common Stock 85,036 85,036 D
Stock Options (Granted 01/22/2001) $10.44 01/23/2002 01/22/2011 Common Stock 1,457 1,457 D
Stock Options (Granted 01/20/2002) $12.94 (4) 01/20/2012 Common Stock 52,164 52,164 D
Stock Options (Granted 01/20/2002) $12.94 01/21/2003 01/20/2012 Common Stock 1,255 1,255 D
Stock Options (Granted 01/20/2003) $13.75 (4) 01/20/2013 Common Stock 51,061 51,061 D
Stock Options (Granted 01/20/2003) $13.75 01/21/2004 01/20/2013 Common Stock 2,166 2,166 D
Common Stock Equivelant(5) $20.48 (6) (7) Common Stock 8,608.3176 8,608.3176 I Interest in Plan
Explanation of Responses:
1. Shares held jointly with spouse.
2. Award of stock pursuant to the F.N.B. Corporation 2001 Incentive Plan. Vests 50% on third anniversary of grant date and 50% to vest on the fourth anniversary of the grant date, with the second 50% being subject to the satisfaction of certain performance criteria.
3. Options are fully vested and are available for immediate exercise.
4. Options vest over a five year period, 20% each year on the anniversary of grant date.
5. Represents credit under a supplemental retirement plan for employer matching stock contributions which reporting person receives upon retirement.
6. Upon entitlement to amounts under exempt 401(k) Plan.
7. Not applicable; represents credit under supplemental retirement plan for employer matching stock contribution which reporting person was prevented from receiving under exempt 401(k) plan.
Remarks:
/s/ Stephen J. Gurgovits 02/24/2005
** 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 4 (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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