-----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, JnOW6pfsdQ92QsMFQTft5HtoNp6CQA9YwxUMOZGPrI6FuqItJWQtq7bou7Vd2fJA ymncitzrbE6wYhnBh17RwA== 0001209191-06-004334.txt : 20060120 0001209191-06-004334.hdr.sgml : 20060120 20060120142601 ACCESSION NUMBER: 0001209191-06-004334 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051230 FILED AS OF DATE: 20060120 DATE AS OF CHANGE: 20060120 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HUDSON DENNIS S III CENTRAL INDEX KEY: 0001078596 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-13660 FILM NUMBER: 06540493 BUSINESS ADDRESS: BUSINESS PHONE: 5612886085 MAIL ADDRESS: STREET 1: 815 COLORADO AVENUE STREET 2: P O BOX 9012 CITY: STUART STATE: FL ZIP: 34995-9012 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/A 1 doc4a.xml FORM 4/A SUBMISSION X0202 4/A 2005-12-30 2005-12-30 0 0000730708 SEACOAST BANKING CORP OF FLORIDA SBCF 0001078596 HUDSON DENNIS S III SEACOAST BANKING CORP. OF FLORIDA P.O. BOX 9012 STUART FL 34995 1 1 0 0 Chairman & CEO Common Stock 2005-12-30 4 G 0 4000 0.00 D 74474 D Common Stock 15700 D Common Stock 25423 D Common Stock 24000 D Common Stock 1121778 I Held by Sherwood Partners, Ltd, a family partnership Common Stock 24200 I Held by Spouse Common Stock Right to Buy 6.5909 2000-06-18 2006-06-17 Common Stock 19800 19800 D Common Stock Right to Buy 7.7237 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 Common Stock Right to Buy 17.08 2013-11-17 Common Stock 75000 75000 D Common Stock Right to Buy 22.40 2014-12-21 Common Stock 30000 30000 D Gifted to charity Shares held jointly with spouse 10,500 shares represent unvested shares in a time-based restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest in 3,500 share increments on each aniversary of the date of grant (11/17/03), subject to continued employment. Another 5,200 shares represent unvested shares in a time-based restricted stock award granted under Seacoast's 2000 Long-term Incentive Plan which shall vest, subject to continued employment, in 1,300 share increments on each anniversary of the date of grant (12/21/04). Shares held in Trust 17,500 shares represent a performance based restricted stock awards granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, over a 5-year performance period beginning January 1, 2004. Another 6,500 shares represent a restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, over a 5-year performance period beginning January 1, 2005. Both restricted stock awards vest based on achievemnet of EPS 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. Nothwillstanding the above schedule, 100% of the award will vest on the fifth anniversary of the grant date if Seacoast achieves an ROE of at least 16.5% for 3 consecutive quarters during the performance period, regardless of whether the EPS targets are met. 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. Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (11/17/03) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continue employment. Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (12/21/2004) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continue employment. Dennis S. Hudson, III 2006-01-20 -----END PRIVACY-ENHANCED MESSAGE-----