Joseph M. Forlenza - 01 Apr 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 Apr 2023
Net transactions value: +$86,119
Form type: 4
Filing time: 04 Apr 2023, 21:59:36 UTC
Previous filing: 03 Mar 2023
Next filing: 03 Jan 2024
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	$5,356	-226	-21%	$23.70	848	01 Apr 2023	Direct	F1
transaction	SBCF	Common Stock	Tax liability	$10,025	-423	-41%	$23.70	609	01 Apr 2023	Direct	F2
transaction	SBCF	Common Stock	Tax liability	$4,740	-200	-11%	$23.70	1,620	01 Apr 2023	Direct	F3
transaction	SBCF	Common Stock	Award	$106,240	+4,496		$23.63	4,496	01 Apr 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 Apr 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 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.
F2	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.
F3	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.
F4	Represents an unvested time-based restricted stock award granted on April 1, 2023, which shall vest over 3 years in one-third increments, beginning April 1, 2024, 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.