Juliette Kleffel - 31 Dec 2024 Form 4 Insider Report for SEACOAST BANKING CORP OF FLORIDA (SBCF)

Signature
/s/ Kathy L. Hsu as Power of Attorney for Juliette Kleffel
Issuer symbol
SBCF
Transactions as of
31 Dec 2024
Net transactions value
-$27,943
Form type
4
Filing time
03 Jan 2025, 16:55:20 UTC
Previous filing
19 Apr 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBCF Common Stock Tax liability $27,943 -1,015 -2% $27.53 50,513 31 Dec 2024 Direct F1
holding SBCF Common Stock 743 31 Dec 2024 Direct F2
holding SBCF Common Stock 3,545 31 Dec 2024 Direct F3
holding SBCF Common Stock 18,779 31 Dec 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 31 Dec 2024 Common Stock 12,635 $31.15 Direct F5, F6
holding SBCF Common Stock Right to Buy 14,831 31 Dec 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 to cover tax withholding obligations for vested performance-based restricted stock units ("PSUs"), which vested December 31, 2024, total adjusted for rounding.
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.