Form 4 for SBCF SEACOAST BANKING CORP OF FLORIDA
Accepted 2023-01-10 00:00:00 ET · period of report 2023-01-06 · accession 0001209191-23-002906 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-10 | 2023-01-06 | SBCF | HUDSON DENNIS S III | Dir | F - Tax | $31.90 | -11.6K | 168.6K | -6% | -$371.4K |
| D | 2023-01-10 | 2023-01-06 | SBCF | HUDSON DENNIS S III | Dir | M - OptEx | $12.63 | +18.0K | 180.3K | +11% | +$227.0K |
| D | 2023-01-10 | 2023-01-06 | SBCF | HUDSON DENNIS S III | Dir | M - OptEx | $0.00 | -18.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-06 | F | D | 11,644 | $31.90 | 168,616 | D | — | — | (F2) The reporting person exercised 17,975 stock options as part of a cashless exercise whereby 11,644 shares were exchanged as payment for such options and applicable tax withholding, netting 6,331 shares. (F1) Shares held in Trust |
| 2 | Common | Common Stock | 2023-01-06 | M | A | 17,975 | $12.63 | 180,260 | D | — | — | (F1) Shares held in Trust |
| 3 | Derivative | Common Stock Right to Buy | 2023-01-06 | M | D | 17,975 | $0.00 | 0 | D | $12.63 · — to 2023-01-28 | 17,975 Common Stock | (F9) Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan (F10) Originally had two tiered vesting. Performance criteria was met and time-based vesting began on 7/1/15. 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. |