0001209191-16-138651.txt : 20160825 0001209191-16-138651.hdr.sgml : 20160825 20160825162347 ACCESSION NUMBER: 0001209191-16-138651 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160823 FILED AS OF DATE: 20160825 DATE AS OF CHANGE: 20160825 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: 7722886085 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: 161851821 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 X0306 4 2016-08-23 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 2016-08-23 4 F 0 5434 16.17 D 0 D Common Stock 64180 D Common Stock 14454 D Common Stock 21915 D Common Stock 30933.66 D Common Stock 49386 D Common Stock 224356 I Held by Sherwood Partners, Ltd, family partnership Common Stock 280 I Held by Spouse as Custodian for son Common Stock 20 I Held by son Common Stock Right to Buy 14.82 2024-02-28 Common Stock 51956 51956 D Common Stock Right to Buy 12.63 2023-01-28 Common Stock 17975 17975 D Common Stock Right to Buy 10.54 2015-04-29 2024-04-29 Common Stock 50000 50000 D Common Stock Right to Buy 11.00 2014-06-28 2023-06-27 Common Stock 19400 19400 D Stock-settled Stock Appreciation Rights 111.10 2012-04-02 2017-04-01 Common Stock 14627 14627 D Stock-settled Stock Appreciation Rights 133.60 2011-05-16 2016-05-15 Common Stock 5520 5520 D Represents shares in performance based restricted stock award granted under Seacoast's 2008 Long-Term Incentive Plan on August 23, 2011. These awards vested in their entirety on August 23, 2016. Represents shares subject to performance-based restricted stock units ("PSUs") granted on June 28, 2013, that were subject to performance requirements over a period ending December 31, 2015. On Feb. 29, 2016, the Company's Compensation Committee certified the number of shares attained based on the performance criteria. These shares now vest in one-third increments each year on Dec. 31, 2016, 2017 and 2018, provided the recipient remains in continuous service with the Company on each such vesting date. Shares held in Trust Represent shares held in the Company's Retirement Savings Plan as of December 31, 2015 Shares held jointly with spouse Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan Two tiered vesting. First, performance vesting must be met which requires that: 1) the market price of Seacoast common stock increases to 120% or more of the exercise price; and 2) Seacoast's Tier 1 Capital must be equal to or greater than the regulatory standard. Once performance criteria is met, option shall vest in equal installments at the end of each month over the next 48 months, provided that Optionee remains in Continuous Service on each applicable vesting date. Two tiered vesting. Performance criteria met and time-based vesting began on 7/1/15. Option vests in equal installments at the end of each month over the next 48 months, provided that Optionee remains in Continuous Service on each applicable vesting date. Vests over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continued 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. Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan Date fully vested Sharon Mehl as Power of Attorney for Dennis S. Hudson, III 2016-08-25