Joseph M. Forlenza - 01 Mar 2023 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: 01 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2023, 17:47:14 UTC
Previous filing: 03 Jan 2023
Next filing: 04 Apr 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	Award	$0	+9,070	+79%	$0.000000	20,504	01 Mar 2023	Direct	F1
holding	SBCF	Common Stock						1,074	01 Mar 2023	Direct	F2
holding	SBCF	Common Stock						1,032	01 Mar 2023	Direct	F3
holding	SBCF	Common Stock						1,820	01 Mar 2023	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	01 Mar 2023	Common Stock	12,635	$31.15	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 subject to performance-based restricted stock units ("PSUs") granted on April 1, 2020 that were subject to performance requirements which were attained over a period ending December 31, 2022. On March 1, 2023, the Company's Compensation and Governance Committee certified the number of shares attained based on the performance criteria, which will vest December 31, 2023, provided the recipient remains in continuous service with the Company on the vesting date.
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	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.
F5	Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
F6	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.