-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U5Z4lGY3RlpPh0pkhasxhDrD/0hk7jGOFfDlfQDXxb0yCyBrRxZPElwUB2zdvSuq BmcuBNC725ZKIBGXfkkf3w== 0001209191-05-058676.txt : 20051121 0001209191-05-058676.hdr.sgml : 20051121 20051121154027 ACCESSION NUMBER: 0001209191-05-058676 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051117 FILED AS OF DATE: 20051121 DATE AS OF CHANGE: 20051121 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GILBERT A DOUGLAS CENTRAL INDEX KEY: 0001200658 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13660 FILM NUMBER: 051217959 MAIL ADDRESS: STREET 1: 7379 RESERVE CREEK DRIVE CITY: PORT ST. LUCIE STATE: FL ZIP: 34986 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SEACOAST BANKING CORP OF FLORIDA CENTRAL INDEX KEY: 0000730708 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 592260678 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 815 COLORADO AVE STREET 2: P O BOX 9012 CITY: STUART STATE: FL ZIP: 34994 BUSINESS PHONE: 5612874000 MAIL ADDRESS: STREET 1: 815 COLORADO AVE STREET 2: P O BOX 9012 CITY: STUART STATE: FL ZIP: 34995 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2005-11-17 0 0000730708 SEACOAST BANKING CORP OF FLORIDA SBCF 0001200658 GILBERT A DOUGLAS SEACOAST BANKING CORP. OF FLORIDA P.O. BOX 9012 STUART FL 34995 1 1 0 0 Sr.EVP & Chief Operating Off. Common Stock 2005-11-17 4 F 0 400 24.06 D 34000 D Common Stock 2005-11-17 4 J 0 3100 0.00 D 48000 D Common Stock 2005-11-17 4 G 0 3500 0.00 D 38451 I Held by Spouse Common Stock 10292 D Common Stock 660 D Common Stock 20829 D Common Stock 330 I Held by Son Common Stock 6900.9953 D Common Stock Right to Buy 6.5909 2000-06-18 2006-06-17 Common Stock 18770.4 18770.4 D Common Stock Right to Buy 7.7273 2001-05-20 2007-05-20 Common Stock 19800 19800 D Common Stock Right to Buy 8.7879 1999-07-01 2008-06-30 Common Stock 72600 72600 D 21,000 shares represent unvested shares in a time-based restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest in 7,000 share increments on each anniversary of the date of grant (11/17/03), subject to continued employment. Another 13,000 shares represent unvested shares in a tim-based restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, in 2,600 share increments on each aniversary of the date of grant (12/20/04). Disposition to ex-wife by legal decree under divorce agreement 35,000 shares represent an unvested performance based restricted stock award (RSA) granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, over a 5-yr performance period beginning Jan.1, 2004. Another 13,000 shares represent a RSA granted under the 2000 Incentive Plan which shall vest, subject to continued employment, over a 5-yr performance period beginning Jan.1, 2005. Both RSAs vest based on achievement of Company EPS growth targets compared to the prior fiscal year's EPS: 38% EPS growth=25% vesting; 50% EPS growth=50% vesting; 75% EPS growth=75% vesting; 85% EPS growth=100% vesting. Notwithstanding the above schedule, 100% of the award will vest on the fifth anniversary of the grant date if the Company achieves an ROE of at least 16.5% for 3 consecutive quarters during the performance period, regardless of whether the EPS targets are met. Gifted to Spouse Held in IRA Held jointly with spouse Represent shares held in the Company's Profit Sharing Plan as of September 30, 2005. These shares were inadvertantly not reported on previous filings. Granted pursuant to Seacoast Banking Corportion of Florida's 1996 Long-Term Incentive Plan The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of the stock options is $7.72727. The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of the stock options is $8.787879. Sharon Mehl as Power of Attorney for A. Douglas Gilbert 2005-11-21 -----END PRIVACY-ENHANCED MESSAGE-----