SEC Form 5 · accession 0001209191-17-009574
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, 2016
Accepted (ET)
Feb 10, 2017 · 4:42 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 | Dec 31, 2016 | A | 59 | $20.96 | A | 1,516 | D | |
| Common Stock | holding | — | — | — | 7,491 | D | ||
| Common StockF3 | holding | — | — | — | 797 | D | ||
| Common Stock | holding | — | — | — | 1,571 | D | ||
| Common StockF4 | holding | — | — | — | 16,338 | 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 | $14.82 | holding | — | — | — | — | Feb 28, 2024 | Common Stock | 21,255 | 21,255 | D |
| Common Stock Right to BuyF5,F7 | $12.63 | holding | — | — | — | — | Jan 29, 2023 | Common Stock | 8,100 | 8,100 | D |
| Common Stock Right to BuyF5,F8 | $10.54 | holding | — | — | — | Apr 29, 2015 | Apr 29, 2024 | Common Stock | 25,000 | 25,000 | D |
| Common Stock Right to BuyF5,F9 | $11.00 | holding | — | — | — | Jun 28, 2014 | Jun 28, 2023 | Common Stock | 2,400 | 2,400 | D |
| Stock-Settled Stock Appreciation RightsF10,F11 | $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
- F10Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan
- F11Date fully vested
- F2Held in Company's Employee Stock Purchase Plan as of Dec. 31, 2016
- F3Share equivalents held in Company's Retirement Savings Plan as of December 31, 2016
- F4Represents shares underlying performance-based restricted stock units granted on June 28, 2013, that were subject to performance requirements which were attained over a period ending December 31, 2015. Half of the remaining shares vest on Dec. 31, 2017 and half on Dec. 31, 2018, provided the recipient remains in continuous service with the Company on each such vesting date.
- F5Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan
- F6Originally has two tiered vesting. Performance criteria was met, and time-based vesting began on 12/1/2016. 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.
- F7Performance 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.
- F8Vests 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.
- F9Vests 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.