Joseph M. Forlenza - 30 Dec 2022 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 2022
Net transactions value: -$46,473
Form type: 4
Filing time: 03 Jan 2023, 18:07:41 UTC
Previous filing: 05 Apr 2022
Next filing: 03 Mar 2023
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	$41,701	-1,337	-10%	$31.19	11,434	31 Dec 2022	Direct	F1
transaction	SBCF	Common Stock	Tax liability	$4,772	-153	-100%	$31.19	0	30 Dec 2022	Direct	F2
holding	SBCF	Common Stock						1,074	30 Dec 2022	Direct	F3
holding	SBCF	Common Stock						1,032	30 Dec 2022	Direct	F4
holding	SBCF	Common Stock						1,820	30 Dec 2022	Direct	F5

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 2022	Common Stock	12,635	$31.15	Direct	F6, F7

* 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, 2022.
F2	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.
F3	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.
F4	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.
F5	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.
F6	Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
F7	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.