SEC Form 5 · accession 0001209191-15-011304
SEACOAST BANKING CORP OF FLORIDA · SBCF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maria Frias
Officer — EVP & Chief Risk Officer
Period of report
Dec 31, 2014
Accepted (ET)
Feb 10, 2015 · 3:49 pm 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 StockF2,F3 | Jul 31, 2014 | L | 21 | $9.83 | A | 2,488 | D | |
| Common StockF3 | Aug 29, 2014 | L | 20 | $9.97 | A | 2,508 | D | |
| Common StockF3 | Sep 30, 2014 | L | 19 | $10.38 | A | 2,527 | D | |
| Common StockF3 | Oct 31, 2014 | L | 17 | $12.12 | A | 2,544 | D | |
| Common StockF3 | Nov 28, 2014 | L | 16 | $12.05 | A | 2,560 | D | |
| Common StockF4 | Dec 31, 2014 | L | 15 | $13.06 | A | 2,575 | D | |
| Common Stock | Dec 9, 2014 | A | 20 | $13.22 | A | 20 | D | |
| Common StockF5 | holding | — | — | — | 1,135 | D | ||
| Common StockF6 | holding | — | — | — | 1,982 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-Settled Stock Appreciation RightF7,F8 | $133.60 | holding | — | — | — | May 16, 2011 | May 16, 2016 | Common Stock | 580 | 580 | D |
| Stock-Settled Stock Appreciation RightF7,F8 | $111.10 | holding | — | — | — | Apr 2, 2012 | Apr 2, 2017 | Common Stock | 1,201 | 1,201 | D |
| Common Stock Right to BuyF9,F10 | $11.00 | holding | — | — | — | Jun 28, 2014 | Jun 27, 2023 | Common Stock | 2,400 | 2,400 | D |
| Common Stock Right to BuyF9,F11 | $10.54 | holding | — | — | — | Apr 29, 2015 | Apr 29, 2024 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Automatic monthly purchase into the Company's Employee Stock Purchase Plan
- F10Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (06/28/2014) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continue employment.
- F11Vests over 3 years in one-third increments on each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continued employment.
- F2All amounts adjusted to reflect effect of one-for-five reverse stock split effective 12/13/13.
- F3Held in Employee Stock Purchase Plan
- F4Held in Seacoast's Employee Stock Purchase Plan as of December 31, 2014
- F5Represents share equivalents held in Company's Retirement Savings Plan as of December 31, 2014
- F6Represents unvested time-based restricted stock award granted under Seacoast's 2008 Long-Term Incentive Plan on August 23, 2011. These shares will vest in their entirety on August 23, 2016, as long as Ms. Frias remains employed by the Company.
- F7Granted pursuant to the Company's 2000 Long-Term Incentive Plan
- F8Date fully vested
- F9Granted pursuant to the Company's 2013 Incentive Plan