Joseph M. Forlenza - Apr 1, 2024 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
Apr 1, 2024
Transactions value $
$333,616
Form type
4
Date filed
4/12/2024, 04:56 PM
Previous 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 -$3.86K -156 -100% $24.76 0 Apr 1, 2024 Direct F1
transaction SBCF Common Stock Tax liability -$3.84K -155 -20.03% $24.76 619 Apr 1, 2024 Direct F2
transaction SBCF Common Stock Tax liability -$9.66K -390 -11.46% $24.76 3.01K Apr 1, 2024 Direct F3
transaction SBCF Common Stock Award $351K +14.2K $24.76 14.2K Apr 1, 2024 Direct F4
holding SBCF Common Stock 26.7K Apr 1, 2024 Direct

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 Apr 1, 2024 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 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.
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 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.
F4 Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest over 3 years in one-third increments, beginning April 1, 2025, 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.