-----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, NBbVub65TSM3tSLsVJz0myLzUdrYy8xm8kkbViW3zRkEKZHpF1gV6ttaNNAku8ZB esan72DSQVCQUmIqQ5g5VA== 0001209191-05-033183.txt : 20050623 0001209191-05-033183.hdr.sgml : 20050623 20050623100924 ACCESSION NUMBER: 0001209191-05-033183 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050621 FILED AS OF DATE: 20050623 DATE AS OF CHANGE: 20050623 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Strickland O Jean CENTRAL INDEX KEY: 0001328776 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13660 FILM NUMBER: 05911499 BUSINESS ADDRESS: BUSINESS PHONE: 772-221-2793 MAIL ADDRESS: STREET 1: P. O. BOX 9012 STREET 2: 815 COLORADO AVENUE CITY: STUART STATE: FL ZIP: 34995 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 3 1 doc3.xml FORM 3 SUBMISSION X0202 3 2005-06-21 0 0000730708 SEACOAST BANKING CORP OF FLORIDA SBCF 0001328776 Strickland O Jean C/O SEACOAST BANKING CORP. OF FLORIDA P. O. BOX 9012 STUART FL 34995 0 1 0 0 Exec. Vice President Common Stock 6212 D Common Stock 3300 D Common Stock 3850 D Common Stock 3829.5695 D Common Stock Right to Buy 6.5909 2000-06-18 2006-06-17 Common 2933.7 D Common Stock Right to Buy 7.7273 2001-05-20 2007-05-20 Common 6600 D Common Stock Right to Buy 8.7879 1999-07-01 2008-06-30 Common 23100 D Common Stock Right to Buy 17.08 2013-11-17 Common 11000 D Common Stock Right to Buy 22.40 2014-12-21 Common 4000 D Shares held jointly with spouse 2,200 shares represent unvested shares in a time-based restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest in 550-share increments on each anniversary of the date of grant (11/17/03), subject to continued employment. Another 1,100 shares represent unvested shares in a time-based restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest in 220-share increments on each anniversary of the date of grant (12/20/04), subject to continued employment. 2,750 shares represent unvested shares in a performance based restricted stock award (RSA) which shall vest over a 5-year performance period beginning Jan. 1, 2004. Another 1,100 shares represent unvested shares in a performance based RSA which shall vest over a 5-year performance period beginning Jan. 1, 2005. Both awards were granted under Seacoast's 2000 Long-Term Incentive Plan and shall vest, subject to continued employment, 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 awards 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 the Company's Profit Sharing 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 continued 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. O. Jean Strickland 2005-06-21 -----END PRIVACY-ENHANCED MESSAGE-----