SEC Form 5 · accession 0001209191-15-011120
SEACOAST BANKING CORP OF FLORIDA · SBCF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles K Cross Jr.
Other
Period of report
Dec 31, 2014
Accepted (ET)
Feb 10, 2015 · 8:32 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000730708
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 9, 2014 | A | 20 | $13.22 | A | 2,020 | D | |
| Common StockF1 | holding | — | — | — | 1,952 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Right to BuyF2,F3 | $10.54 | holding | — | — | — | Apr 29, 2015 | Apr 29, 2024 | Common Stock | 25,000 | 25,000 | D |
| Common Stock Right to BuyF2,F4 | $11.00 | holding | — | — | — | Jun 28, 2014 | Jun 28, 2023 | Common Stock | 2,400 | 2,400 | D |
Explanation of responses
- F1Represents an unvested time-based restricted stock award granted on 4/1/2013 under Seacoast's 2000 Incentive Plan which shall vest in 25% increments beginning on the second anniversary of the date of the grant, and each of three anniversaries thereafter, subject to continued employment.
- F2Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan
- F3Vests 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.
- F4Vests 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 continued employment.