Juliette Kleffel - 29 Feb 2024 Form 4 Insider Report for SEACOAST BANKING CORP OF FLORIDA (SBCF)

Role: EVP, Chief Banking Officer
Signature: /s/ Kathy L. Hsu as Power of Attorney for Juliette Kleffel
Issuer symbol: SBCF
Transactions as of: 29 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2024, 17:30:05 UTC
Previous filing: 05 Apr 2023
Next filing: 19 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SBCF	Common Stock	Award	$0	+5,765	+13%	$0.000000	49,155	29 Feb 2024	Direct	F1
holding	SBCF	Common Stock						640	29 Feb 2024	Direct	F2
holding	SBCF	Common Stock						1,464	29 Feb 2024	Direct	F3
holding	SBCF	Common Stock						5,290	29 Feb 2024	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						12,635	29 Feb 2024	Common Stock	12,635	$31.15	Direct	F5, F6
holding	SBCF	Common Stock Right to Buy						14,831	29 Feb 2024	Common Stock	14,831	$28.69	Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares subject to performance based restricted stock units ("PSUs") granted on April 1, 2021, that were subject to performance requirements which were attained over a period ending December 31, 2023. On February 29, 2024, the Company's Compensation and Governance Committee certified the number of shares attained based on the performance criteria, which will vest on December 31, 2024, provided the recipient remains in continuous service with the Company on the vesting date.
F2	Represents an unvested time-based restricted stock award granted on April 1, 2021, which shall vest over 3 years in one-third increments , beginning on April 1, 2022, and on each anniversary thereafter, subject to continued employment.
F3	Represents an unvested time-based restricted stock award granted on April 1, 2022, which shall vest over 3 years in one-third increments , beginning on April 1, 2023, 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 on April 1, 2024, and on each anniversary thereafter, subject to continued employment.
F5	Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan.
F6	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 continuous employment on each vesting date and the Company's banking subsidiary meets certain capital requirements.