Joseph M. Forlenza - Dec 31, 2023 Form 4 Insider Report for SEACOAST BANKING CORP OF FLORIDA (SBCF)

Role
EVP & CRO
Signature
/s/ Kathy L. Hsu as Power of Attorney for Joseph M. Forlenza
Stock symbol
SBCF
Transactions as of
Dec 31, 2023
Transactions value $
-$50,972
Form type
4
Date filed
1/3/2024, 06:52 PM
Previous filing
Apr 4, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBCF Common Stock Tax liability -$51K -1.79K -8.2% $28.46 20K Dec 31, 2023 Direct F1
holding SBCF Common Stock 1.22K Dec 31, 2023 Direct F2
holding SBCF Common Stock 524 Dec 31, 2023 Direct F3
holding SBCF Common Stock 4.5K Dec 31, 2023 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SBCF Common Stock Right to Buy 12.6K Dec 31, 2023 Common Stock 12.6K $31.15 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares to cover tax withholding performance-based restricted stock units ("PSUs"), which vested December 31, 2023, total adjusted for rounding.
F2 Represents an unvested time-based restricted stock award granted on April 1, 2022, which shall vest over 3 years in on-third increments, beginning April 1, 2023, and on each anniversary thereafter, subject to continued employment.
F3 Represents an unvested time-based restricted stock award granted April 1, 2021, which shall vest over 3 years in one-third increments, beginning April 1, 2022, and on each anniversary thereafter, subject to continued employment.
F4 Represents an unvested time-based restricted stock award granted on April 1, 2023, which shall vest over 3 years in one-third increments, beginning April 2, 2024, and on each anniversary thereafter, subject to continued employment.
F5 Represents stock option granted on April 2, 2018 ("grant date") that vests over 3 years in one-third increments each anniversary of the date of grantbeginning on the first anniversary of the date of grant, subject to continued employment.