Charles M. Shaffer - Dec 31, 2022 Form 5 Insider Report for SEACOAST BANKING CORP OF FLORIDA (SBCF)

Role
Chairman, President & CEO, Director
Signature
/s/ Charles M. Shaffer
Stock symbol
SBCF
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/14/2023, 06:58 PM
Previous filing
Jan 3, 2023
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SBCF Common Stock 63.2K Dec 31, 2022 Direct
holding SBCF Common Stock 1.57K Dec 31, 2022 Direct F1
holding SBCF Common Stock 18.3K Dec 31, 2022 Direct F2
holding SBCF Common Stock 5.24K Dec 31, 2022 Direct F3
holding SBCF Common Stock 6.15K Dec 31, 2022 Direct F4
holding SBCF Common Stock 1.15K Dec 31, 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 19K Dec 31, 2022 Common Stock 19K $31.15 Direct F6, F7
holding SBCF Common Stock Right to Buy 28.5K Dec 31, 2022 Common Stock 28.5K $23.91 Direct F6, F7
holding SBCF Common Stock Right to Buy 21.3K Dec 31, 2022 Common Stock 21.3K $14.82 Direct F6, F8
holding SBCF Common Stock Right to Buy 25K Dec 31, 2022 Common Stock 25K $10.54 Direct F6, F9
holding SBCF Common Stock Right to Buy 2.4K Dec 31, 2022 Common Stock 2.4K $11.00 Direct F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 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.
F2 Represents 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.
F3 Represents 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.
F4 Held in Company's Employee Stock Purchase Plan as of December 31, 2022.
F5 Share equivalents held in Company's Retirement Savings Plan as of December 31, 2022.
F6 Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan
F7 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.
F8 Originally has two tiered vesting. Performance criteria was met, and time-based vesting began on 12/1/2016. Option vests in equal installments at the end of each month over the next 48 months, provided that Optionee remains in Continuous Service on each applicable vesting date.
F9 Vests over 3 years in one-third increments on each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continue employment.
F10 Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (the date indicated) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continued employment.