Charles M. Shaffer - 01 Apr 2024 Form 4 Insider Report for SEACOAST BANKING CORP OF FLORIDA (SBCF)

Role: Chairman, President & CEO, Director
Signature: /s/ Charles M. Shaffer
Issuer symbol: SBCF
Transactions as of: 01 Apr 2024
Net transactions value: +$1,125,639
Form type: 4
Filing time: 12 Apr 2024, 16:59:30 UTC
Previous filing: 04 Mar 2024
Next filing: 13 Nov 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	Tax liability	$56,131	-2,267	-100%	$24.76	0	01 Apr 2024	Direct	F1
transaction	SBCF	Common Stock	Tax liability	$8,616	-348	-16%	$24.76	1,782	01 Apr 2024	Direct	F2
transaction	SBCF	Common Stock	Tax liability	$22,977	-928	-9.8%	$24.76	8,507	01 Apr 2024	Direct	F3
transaction	SBCF	Common Stock	Award	$1,213,364	+49,005		$24.76	49,005	01 Apr 2024	Direct	F4
holding	SBCF	Common Stock						147,487	01 Apr 2024	Direct
holding	SBCF	Common Stock						7,563	01 Apr 2024	Direct	F5
holding	SBCF	Common Stock						1,310	01 Apr 2024	Direct	F6

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						28,544	01 Apr 2024	Common Stock	28,544	$28.69	Direct	F7, F8
holding	SBCF	Common Stock Right to Buy						18,952	01 Apr 2024	Common Stock	18,952	$31.15	Direct	F7, F8

* 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 on 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 one-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 1, 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	Shares in the Company's Employee Stock Purchase Plan, as of March 31, 2024.
F6	Share equivalents held in Company's Retirement Savings Plan as of March 31, 2024.
F7	Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
F8	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.