JOSEPH M. FORLENZA - 30 Dec 2021 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
Issuer symbol
SBCF
Transactions as of
30 Dec 2021
Net transactions value
-$19,326
Form type
4
Filing time
03 Jan 2022, 16:24:18 UTC
Next filing
03 Mar 2022
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 $14,156 -400 -7.4% $35.39 5,014 31 Dec 2021 Direct
transaction SBCF Common Stock Tax liability $5,170 -148 -19% $34.93 626 30 Dec 2021 Direct F1
holding SBCF Common Stock 2,115 30 Dec 2021 Direct F2
holding SBCF Common Stock 1,540 30 Dec 2021 Direct F3

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 30 Dec 2021 Common Stock 12,635 $31.15 Direct F4, 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 on December 30, 2019, which shall vest over 3 years in one-third increments, beginning December 30, 2020, and on each anniversary thereafter, subject to continued employment.
F2 Represents an unvested time-based restricted stock award granted on April 1, 2020, which shall vest over 3 years in one-third increments, beginning April 1, 2021, and on each anniversary thereafter, subject to continued employment.
F3 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.
F4 Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
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 grant beginning on the first anniversary of the date of grant, subject to continued employment.