-----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, OyHQdn+As8bgvxAxFtP6MDF7beyeyeMpYb3I9X89bPSrelw7gJUcTe+KF8TR4BK0 uURinG0BeJkSyzYS2+00lw== 0001209191-11-006357.txt : 20110202 0001209191-11-006357.hdr.sgml : 20110202 20110202150726 ACCESSION NUMBER: 0001209191-11-006357 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110202 DATE AS OF CHANGE: 20110202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HUDSON DENNIS S III CENTRAL INDEX KEY: 0001078596 FILING VALUES: FORM TYPE: 5 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13660 FILM NUMBER: 11566317 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 5 1 doc5.xml FORM 5 SUBMISSION X0303 5 2010-12-31 0 0 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 164754.2342 D Common Stock 9622 D Common Stock 245293 D Common Stock 671 D Common Stock 16553 D Common Stock 1121778 I Held by Sherwood Partners, Ltd., a family partnership Common Stock 1400 I Held by spouse as custodian for son Stock-settled Stock Appreciation Rights 22.22 2009-04-02 2017-04-02 Common Stock 73135 73135 D Stock-settled Stock Appreciation Rights 26.72 2008-05-16 2016-05-16 Common Stock 27600 27600 D Common Stock Right to Buy 22.40 2005-12-21 2014-12-21 Common Stock 30000 30000 D Common Stock Right to Buy 17.08 2004-11-17 2013-11-17 Common Stock 75000 75000 D Represent shares held in the Company's Retirement Savings Plan as of December 31, 2010 Shares held in trust Shares held jointly with spouse Represents unvested time-based restricted stock granted on 2/2/2007 under Seacoast's 2000 Long-Term Incentive Plan which shall vest in 25% increments beginning on the second anniversary of the date of the grant, and each of three anniversaries thereafter, subject to continued employment. Represents a restricted stock award granted under the Company's 2000 Long Term Incentive Plan to compensate Mr. Hudson for his loss in base salary as a result the Company's Salary and Benefits Committee's decision to limit executive officers' base salaries to $500,000 as long as the Company's equity securities issued to the U.S. Department of Treasury in accordance with the Capital Purchase Program (the "CPP") established under the Troubled Asset Relief Program ("TARP") remain outstanding. The restricted stock will vest and become freely transferable on the later of (i) the date when the Company has fully repaid all TARP assistance, or (ii) the second anniversary of the date of grant. Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan Vests over 5 years in 25% increments beginning on the second anniversary of the date of grant (the date indicated) and then in 25% increments on each of the following three anniversaries thereafter, subject to continue employment. Vests 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 continue employment. Sharon Mehl as Power of Attorney for Dennis S. Hudson, III 2011-02-02 -----END PRIVACY-ENHANCED MESSAGE-----