Juliette Kleffel - Apr 1, 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
Stock symbol: SBCF
Transactions as of: Apr 1, 2024
Transactions value $: $440,579
Form type: 4
Date filed: 4/12/2024, 05:01 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	-$4.7K	-190	-100%	$24.76	0	Apr 1, 2024	Direct	F1
transaction	SBCF	Common Stock	Tax liability	-$4.06K	-164	-18.08%	$24.76	743	Apr 1, 2024	Direct	F2
transaction	SBCF	Common Stock	Tax liability	-$9.38K	-379	-9.66%	$24.76	3.55K	Apr 1, 2024	Direct	F3
transaction	SBCF	Common Stock	Award	$459K	+18.5K		$24.76	18.5K	Apr 1, 2024	Direct	F4
holding	SBCF	Common Stock						51.5K	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, F6
holding	SBCF	Common Stock Right to Buy						14.8K	Apr 1, 2024	Common Stock	14.8K	$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 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.
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 on 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 on 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	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.