0001209191-16-104516.txt : 20160302 0001209191-16-104516.hdr.sgml : 20160302 20160302163650 ACCESSION NUMBER: 0001209191-16-104516 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160229 FILED AS OF DATE: 20160302 DATE AS OF CHANGE: 20160302 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: 7722886085 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: CROSS CHARLES K JR. CENTRAL INDEX KEY: 0001603144 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-13660 FILM NUMBER: 161477585 MAIL ADDRESS: STREET 1: 23024 L-ERMITAGE CIRCLE CITY: BOCA RATON STATE: FL ZIP: 33433 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-02-29 0 0000730708 SEACOAST BANKING CORP OF FLORIDA SBCF 0001603144 CROSS CHARLES K JR. SEACOAST BANKING CORPORATION OF FLORIDA P. O. BOX 9012 STUART FL 34995 0 0 0 1 EVP of subsidiary Common Stock 2016-02-29 4 A 0 26801 0.00 A 26801 D Common Stock 1464 D Common Stock 2508 D Common Stock Right to Buy 14.82 2016-02-29 4 A 0 24561 0.00 A 2024-02-28 Common Stock 24561 24561 D Common Stock Right to Buy 12.63 2023-01-29 Common Stock 9875 9875 D Common Stock Right to Buy 10.54 2015-04-29 2024-04-29 Common Stock 25000 25000 D Common Stock Right to Buy 11.00 2014-06-28 2023-06-28 Common Stock 2400 2400 D Represents shares subject to performance-based restricted stock units ("PSUs") granted on June 28, 2013 and on August 1, 2014, that were subject to performance requirements over a period ending December 31, 2015. On Feb. 29, 2016, the Company's Compensation Committee certified the number of shares attained based on the performance criteria. These shares now vest in one-third increments each year on Dec. 31, 2016, 2017 and 2018, provided the recipient remains in continuous service with the Company on each such vesting date. Represents an unvested time-based restricted stock award granted on 4/1/2013 under Seacoast's 2000 Long-Term Incentive Plan which shall vest in 25 percent increments beginning on the second anniversary of the date of the grant, and each of three anniversaries thereafter, subject to continued employment. Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan Two tiered vesting. First, performance vesting must be met which requires that: 1) the market price of Seacoast common stock increase to 120% or more of the exercise price; and 2) Seacoast's Tier 1 Capital must be equal to or greater than the regulatory standard. Once performance criteria is met, option shall vest in equal installments at the end of each month over the next 48 months, provided that Optionee remains in Continuous Service on each applicable vesting date. Two tiered vesting. Performance criteria met and time-based vesting began on 7/1/15. Option vests in equal installments at the end of each month over the next 48 months, provided that Optionee remains in Continuous Service on each applicable vesting date. Vests over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continued employment. Vests over 5 years at the rate of 20 percent 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 continued employment. /s/ Sharon Mehl as Power of Attorney for Charles K. Cross, Jr. 2016-03-02