Charles M. Shaffer - 11 Nov 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
11 Nov 2024
Net transactions value
-$645,302
Form type
4
Filing time
13 Nov 2024, 16:45:09 UTC
Previous filing
12 Apr 2024
Next filing
03 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBCF Common Stock Sale $645,302 -21,255 -14% $30.36 126,232 11 Nov 2024 Direct F1
holding SBCF Common Stock 1,782 11 Nov 2024 Direct F2
holding SBCF Common Stock 8,507 11 Nov 2024 Direct F3
holding SBCF Common Stock 49,005 11 Nov 2024 Direct F4
holding SBCF Common Stock 8,011 11 Nov 2024 Direct F5
holding SBCF Common Stock 1,374 11 Nov 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 11 Nov 2024 Common Stock 28,544 $28.69 Direct F7, F8
holding SBCF Common Stock Right to Buy 18,952 11 Nov 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.13 to $30.65. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price for this transaction.
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 June 30, 2024.
F6 Share equivalents held in Company's Retirement Savings Plan as of September 30, 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.