Joseph M. Forlenza - Dec 30, 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
Stock symbol
SBCF
Transactions as of
Dec 30, 2022
Transactions value $
-$46,473
Form type
4
Date filed
1/3/2023, 06:07 PM
Previous filing
Apr 5, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBCF Common Stock Tax liability -$41.7K -1.34K -10.47% $31.19 11.4K Dec 31, 2022 Direct F1
transaction SBCF Common Stock Tax liability -$4.77K -153 -100% $31.19 0 Dec 30, 2022 Direct F2
holding SBCF Common Stock 1.07K Dec 30, 2022 Direct F3
holding SBCF Common Stock 1.03K Dec 30, 2022 Direct F4
holding SBCF Common Stock 1.82K Dec 30, 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 12.6K Dec 30, 2022 Common Stock 12.6K $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.