SEC Form 4/A · accession 0001209191-16-139385
SEACOAST BANKING CORP OF FLORIDA · SBCF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
William R Hahl
Officer — Exec. VP & former CFO
Period of report
Feb 29, 2016
Accepted (ET)
Sep 1, 2016 · 2:11 pm EDT
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 StockF1 | Feb 29, 2016 | A | 33,159 | $0.00 | A | 33,159 | D | |
| Common StockF2 | holding | — | — | — | 10,840 | D | ||
| Common StockF3 | holding | — | — | — | 12,318 | D | ||
| Common StockF4 | holding | — | — | — | 649 | D | ||
| Common Stock | holding | — | — | — | 20 | D | ||
| Common Stock | holding | — | — | — | 78 | I | Held as custodian for grandchildren |
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 | $11.00 | holding | — | — | — | Jun 28, 2014 | Jun 27, 2023 | Common Stock | 5,000 | 5,000 | D |
| Stock Settled Stock Appreciation RightsF7,F8 | $111.10 | holding | — | — | — | Apr 2, 2012 | Apr 2, 2017 | Common Stock | 3,909 | 3,909 | D |
| Stock Settled Stock Appreciation RightsF7,F8 | $133.60 | holding | — | — | — | May 16, 2011 | May 16, 2016 | Common Stock | 1,470 | 1,470 | D |
Explanation of responses
- F1Represents 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.
- F2Held jointly with spouse
- F3Represents unvested shares in performance based restricted stock award granted under Seacoast's 2008 Long-Term Incentive Plan on August 23, 2011 ("Grant Date"). These shares vest on the fifth anniversary of the Grant Date, provided Mr. Hahl is employed by the Company or a subsidiary on such date.
- F4Held in IRA
- F5Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan
- F6Vests 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.
- F7Grant pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan
- F8Date fully vested