Sec Form 4 Filing - GOLDSTEIN ROBERT @ SEACOAST BANKING CORP OF FLORIDA - 2015-07-21

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
GOLDSTEIN ROBERT
2. Issuer Name and Ticker or Trading Symbol
SEACOAST BANKING CORP OF FLORIDA [ SBCF]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O CAPGEN CAPITAL GROUP III LP, 120 WEST 45TH STREET, SUITE 1010
3. Date of Earliest Transaction (MM/DD/YY)
07/21/2015
(Street)
NEW YORK, NY10036
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.10 per share 07/21/2015 A 479 ( 1 ) A $ 15.69 52,985 D ( 3 )
Common Stock, par value $0.10 per share 07/21/2015 A 1,912 ( 2 ) A $ 15.69 7,963,141 I ( 4 ) ( 5 ) ( 6 ) ( 7 ) Held by CapGen Capital Group III LP
Common Stock, par value $0.10 per share 12,437 I ( 8 ) See Footnote.
Common Stock, par value $0.10 per share 9,950 D ( 9 )
Common Stock, par value $0.10 per share 49,373 D ( 10 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Se curities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GOLDSTEIN ROBERT
C/O CAPGEN CAPITAL GROUP III LP
120 WEST 45TH STREET, SUITE 1010
NEW YORK, NY10036
X X See Remarks
CapGen Capital Group III LLC
120 WEST 45TH STREET
SUITE 1010
NEW YORK, NY10036
X X See Remarks
CapGen Capital Group III LP
120 WEST 45TH STREET
SUITE 1010
NEW YORK, NY10036
X X See Remarks
Ludwig Eugene
120 WEST 45TH STREET
SUITE 1010
NEW YORK, NY10036
X X
Sullivan John P
C/O CAPGEN CAPITAL GROUP III LP
120 WEST 45TH STREET, SUITE 1010
NEW YORK, NY10036
X X See Remarks
ROSE JOHN W
C/O CAPGEN CAPITAL GROUP III LP
120 WEST 45TH STREET, SUITE 1010
NEW YORK, NY10036
X X See Remarks
Signatures
/s/ Robert B. Goldstein 07/23/2015
Signature of Reporting Person Date
/s/ Eugene A. Ludwig 07/23/2015
Signature of Reporting Person Date
/s/ CapGen Capital Group III LP, by CapGen Capital Group III LLC, its general partner, by Eugene A. Ludwig, its Managing Member 07/23/2015
Signature of Reporting Person Date
/s/ John P. Sullivan 07/23/2015
Signature of Reporting Person Date
/s/ John W. Rose 07/23/2015
Signature of Reporting Person Date
/s/ CapGen Capital Group III LLC, by Eugene A. Ludwig, its Managing Member 07/23/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Robert Goldstein directly owns such shares of the common stock, par value $0.10 per share (the "Common Stock") of Seacoast Banking Corporation of Florida (the "Issuer"), which represent 20% of a grant paid in Common Stock by the Issuer to Mr. Goldstein for his service as a member of the board of directors of the Issuer. Pursuant to an arrangement with CapGen Capital Group III LP ("CapGen III"), any grants of Common Stock to Mr. Goldstein for his service as director are split 80/20 with CapGen III.
( 2 )CapGen III directly owns such shares of Common Stock, which represent 80% of a grant paid in Common Stock by the Issuer to Mr. Goldstein for his service as a member of the board of directors of the Issuer as referenced in Note 1.
( 3 )Mr. Goldstein directly owns the shares reported in this row.
( 4 )CapGen Capital Group III LLC ("CapGen LLC") is the sole general partner of CapGen III. Mr. Eugene A. Ludwig is the managing member of CapGen LLC. As the sole general partner of CapGen III, CapGen LLC may be deemed to be the indirect beneficial owner of the shares of Common Stock on this row under Rule 16a-1(a)(2) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, CapGen LLC disclaims that it is the beneficial owner of such shares, except to the extent of its pecuniary interest.
( 5 )As the managing member of CapGen LLC, Mr. Ludwig may be deemed to be the indirect beneficial owner of the shares of Common Stock under Rule 16a-1(a)(2) promulgated under the Exchange Act. As a member of the investment committee of CapGen LLC, the general partner of CapGen III, Mr. Sullivan may be deemed to be the indirect beneficial owner of the shares of Common Stock under Rule 16a-1(a)(2) promulgated under the Exchange Act. As a principal member and member of the investment committee of CapGen LLC, the general partner of CapGen III, Mr. Rose may be deemed to be the indirect beneficial owner of the shares of Common Stock under Rule 16a-1(a)(2) promulgated under the Exchange Act.
( 6 )As a principal member and member of the investment committee of CapGen LLC, the general partner of CapGen III, Mr. Goldstein may be deemed to be the indirect beneficial owner of such shares under Rule 16a-1(a)(2) promulgated under the Exchange Act.
( 7 )Pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, Mr. Ludwig, Mr. Sullivan, Mr. Rose and Mr. Goldstein disclaim that they are the beneficial owners of such shares, except to the extent of their pecuniary interests.
( 8 )The shares reported in this row are held in a retirement account over which Mr. Goldstein holds discretionary authority.
( 9 )Mr. Sullivan directly owns the shares reported in this row.
( 10 )Mr. Rose directly owns the shares reported in this row.

Remarks:
CapGen III, CapGen LLC, Mr. Ludwig, Mr. Sullivan and Mr. Rose disclaim their status as directors by deputization by virtue of Mr. Goldstein's position as a member of the board of directors of the Issuer.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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