-----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, GehF7EOO9TCWoRLObiRW3e6HmD85l5nxdRLLdwipmi9JhdJmLiDnvc4AWUSkGjhQ VswAeYDj2zl1SC1uz2scqQ== 0001209191-06-056735.txt : 20061031 0001209191-06-056735.hdr.sgml : 20061031 20061031112814 ACCESSION NUMBER: 0001209191-06-056735 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061027 FILED AS OF DATE: 20061031 DATE AS OF CHANGE: 20061031 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Strickland O Jean CENTRAL INDEX KEY: 0001328776 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13660 FILM NUMBER: 061174338 BUSINESS ADDRESS: BUSINESS PHONE: 772-221-2793 MAIL ADDRESS: STREET 1: P. O. BOX 9012 STREET 2: 815 COLORADO AVENUE CITY: STUART STATE: FL ZIP: 34995 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2006-10-27 0 0000730708 SEACOAST BANKING CORP OF FLORIDA SBCF 0001328776 Strickland O Jean C/O SEACOAST BANKING CORP. OF FLORIDA P. O. BOX 9012 STUART FL 34995 0 1 0 0 Exec. VP & Pres. of Subsidiary Common Stock 2006-10-27 4 M 0 5000 8.7879 A 19310 D Common Stock 2006-10-27 4 S 0 2000 26.00 D 17310 D Common Stock 2530 D Common Stock 3850 D Common Stock 4419 D Common Stock 3758.2744 D Stock-settled Stock Appreciation Right 26.72 2008-05-16 2016-05-16 Common Stock 18200 18200 D Common Stock Right to Buy 8.7879 2006-10-27 4 X 0 5000 8.7879 D 1999-07-01 2008-06-30 Common Stock 5000 18100 D Common Stock Right to Buy 17.08 2004-11-17 2013-11-17 Common Stock 1100 1100 D Common Stock Right to Buy 22.40 2005-12-21 2014-12-21 Common Stock 4000 4000 D The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of the stock option is $8.787879. Shares held jointly with spouse 1,650 shares represent unvested shares in a time-based restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest in 550-share increments on each anniversary of the date of grant (11/17/03), subject to continued employment. Another 880 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 220-share increments on each anniversary of the date of grant (12/21/04). 2,750 shares represent a performance based 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, 2004. Another 1,100 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 achievement of EPS targets compared to the prior fiscal year: 38% EPS growth=25% vesting; 50% growth vesting; 75% EPS growth=75% vesting; 85% EPS growth=100% vesting. Notwithstanding the above schedule, 100% of the performance based awards shall 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. Represent shares held in the Company's Employee Stock Purchase Plan as of June 30, 2006 Represent shares held in the Company's Profit Sharing Plan as of September 30, 2006. Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan. Represents stock-settled stock appreciation rights granted on 5/16/2006 which will vest over five years in 25% increments beginning on the second anniversary of the date of grant and each of the following three anniversaires thereafter, subject to continued employment. Granted pursuant to Seacoast Banking Corporation of Florida's 1996 Long-Term Incentive Plan. Vests over 5 years at the rate of 20% on the first anniversary of the date of grant and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continued employment. Sharon Mehl as Power of Attorney for O. Jean Strickland 2006-10-31 -----END PRIVACY-ENHANCED MESSAGE-----