SEC Form 5 · accession 0001209191-16-097471
SEACOAST BANKING CORP OF FLORIDA · SBCF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles M Shaffer
Other
Period of report
Dec 31, 2015
Accepted (ET)
Feb 11, 2016 · 10:32 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 StockF2 | Jan 30, 2015 | L | 22 | $12.03 | A | 572 | D | |
| Common StockF2 | Feb 27, 2015 | L | 21 | $12.54 | A | 593 | D | |
| Common StockF2 | Mar 31, 2015 | L | 19 | $13.56 | A | 612 | D | |
| Common StockF2 | Apr 30, 2015 | L | 20 | $13.26 | A | 632 | D | |
| Common StockF2 | May 29, 2015 | L | 19 | $14.21 | A | 651 | D | |
| Common StockF2 | Jun 30, 2015 | L | 17 | $15.01 | A | 668 | D | |
| Common StockF2 | Jul 31, 2015 | L | 19 | $14.20 | A | 687 | D | |
| Common StockF2 | Aug 31, 2015 | L | 18 | $14.78 | A | 705 | D | |
| Common StockF2 | Sep 30, 2015 | L | 19 | $13.95 | A | 724 | D | |
| Common StockF2 | Oct 30, 2015 | L | 18 | $14.71 | A | 742 | D | |
| Common StockF2 | Nov 30, 2015 | L | 17 | $15.25 | A | 759 | D | |
| Common StockF2 | Dec 31, 2015 | L | 19 | $14.23 | A | 778 | D | |
| Common Stock | holding | — | — | — | 37 | D | ||
| Common StockF3 | holding | — | — | — | 705 | D | ||
| Common StockF4 | holding | — | — | — | 2,120 | 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 BuyF5,F6 | $12.63 | holding | — | — | — | — | Jan 29, 2023 | Common Stock | 8,100 | 8,100 | D |
| Common Stock Right to BuyF5,F7 | $10.54 | holding | — | — | — | Apr 29, 2015 | Apr 29, 2024 | Common Stock | 25,000 | 25,000 | D |
| Common Stock Right to BuyF5,F8 | $11.00 | holding | — | — | — | Jun 28, 2014 | Jun 28, 2023 | Common Stock | 2,400 | 2,400 | D |
| Stock-Settled Stock Appreciation RightsF9,F10 | $111.10 | holding | — | — | — | Apr 2, 2012 | Apr 2, 2017 | Common Stock | 993 | 993 | D |
Explanation of responses
- F1Automatic monthly purchase into Employee Stock Purchase Plan
- F10Date fully vested
- F2Held in Company's Employee Stock Purchase Plan
- F3Share equivalents held in Company's Retirement Savings Plan as of December 31, 2015
- F4Represents unvested shares in time-based restricted stock award granted under Seacoast's 2008 Long-Term Incentive Plan on August 23, 2011 ("Grant Date"). This award vests in its entirety on August 23, 2016, provided Mr. Shaffer is employed by the Company or a subsidiary on such date.
- F5Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan
- F6Performance vesting criteria has been met. Option vests in equal installments beginning on 7/1/2015 over the following 48 months, provided the Optionee remains in continuous service on each applicable vesting date.
- F7Vests 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 continue employment.
- F8Vests 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.
- F9Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan