-----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, VdPOqA++Pw5vf9QDJis9tACNwuC3UoD2sO8SaKEdB3GdySMiSGLHEtUWKlUke3KN 8mrqdRLJOXLCeJqkFdxtuw== 0001209191-08-031588.txt : 20080520 0001209191-08-031588.hdr.sgml : 20080520 20080520112051 ACCESSION NUMBER: 0001209191-08-031588 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080516 FILED AS OF DATE: 20080520 DATE AS OF CHANGE: 20080520 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: HAHL WILLIAM R CENTRAL INDEX KEY: 0001200660 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13660 FILM NUMBER: 08847507 BUSINESS ADDRESS: STREET 1: 1321 SW FIRST STREET CITY: BOCA RATON STATE: FL ZIP: 33486 MAIL ADDRESS: STREET 1: P. O. BOX 9012 CITY: STUART STATE: FL ZIP: 34995 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2008-05-16 0 0000730708 SEACOAST BANKING CORP OF FLORIDA SBCF 0001200660 HAHL WILLIAM R SEACOAST BANKING CORP. OF FLORIDA P.O. BOX 9012 STUART FL 34995 0 1 0 0 Exec. VP & CFO Common Stock 2008-05-16 4 F 0 134 11.02 D 6029 D Common Stock 2008-05-16 2008-05-19 4 S 0 2143 11.265 D 40554 D Common Stock 2008-03-31 5 L 0 E 5.2329 10.95 A 363.3766 D Common Stock 12522.0194 D Common Stock 1100 D Common Stock 625 D Common Stock 4400 D Common Stock Right to Buy 8.7879 1999-07-01 2008-06-30 Common Stock 10000 13100 D Stock-settled Stock Appreciation Rights 26.72 2008-05-16 2016-05-16 Common Stock 7350 7350 D Stock-settled Stock Appreciation Rights 22.22 2009-04-02 2017-04-02 Common Stock 19541 19541 D Common Stock Right to Buy 17.08 2004-11-17 2013-11-17 Common Stock 13000 13000 D Common Stock Right to Buy 22.40 2005-12-21 2014-12-21 Common Stock 5000 5000 D Represents unvested time-based restricted stock awards granted under Seacoast's 2000 Long-Term Incentive Plan which vest in 25% increments beginning on the second anniversary of the date of grant, and each of the three anniversaries thereafter, subject to continued employment. Held jointly with spouse Shares acquired with automatic reinvestment of dividends under Company's Dividned Reinvestment and Stock Purchase Plan As custodian for granddaughters Represent shares held in the Company's Profit Sharing Plan as of December 31, 2007 660 shares represent unvested shares in a time-based restricted stock award granted on 11/17/2003 under Seacoast's 2000 Long-Term Incentive Plan which shall vest on November 17, 2008, subject to continued employment. Another 440 shares represent unvested shares in a time-based restricted stock award granted on 12/21/2004 under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, in 220 shares increments on each anniversary of the date of grant. Held in IRA 3,300 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 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; growth = 50% 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. 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 Mr. Hahl's stock options is $8.787879. Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan Vests over five years in 25% increments beginning on the second anniversary of the date of grant (date indicated) and each of the following three anniversaries thereafter, subject to continued employment. Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (date indicated) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continue employment. /s/ William R. Hahl 2008-05-20 -----END PRIVACY-ENHANCED MESSAGE-----