Sec Form 4 Filing - DEXTER TRACEY @ SEACOAST BANKING CORP OF FLORIDA - 2021-03-01

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
DEXTER TRACEY
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)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP & CFO
(Last) (First) (Middle)
P.O. BOX 9012
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2021
(Street)
STUART, FL34995
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 03/01/2021 A( 1 ) 733 A $ 0 ( 1 ) 3,527 D
Common Stock 03/01/2021 F 109 D $ 36.9 3,418 D
Common Stock 301 D ( 2 )
Common Stock 232 D ( 3 )
Common Stock 1,106 D ( 4 )
Common Stock 1,218 D ( 5 )
Common Stock 1,753 D ( 6 )
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 Securities 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
Common Stock Right to Buy ( 7 ) $ 31.15 ( 8 ) 04/02/2028 Common Stock 2,842 2,842 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DEXTER TRACEY
P.O. BOX 9012
STUART, FL34995
EVP & CFO
Signatures
/s/ Kathy L. Hsu as Power of Attorney for Tracey Dexter 03/03/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares subject to performance-based restricted stock units ("PSUs") granted on April 2, 2018 that were subject to performance requirements which were attained over a period ending December 31, 2020. On March 1, 2021, the Company's Compensation and Governance Committee certified the number of shares attained based on the performance criteria at which time the shares became one-half vested. The remaining shares will vest Dec. 31, 2021, provided the recipient remains in continuous service with the Company on the vesting date.
( 2 )Represents unvested time-based restricted stock award granted on December 30, 2019, which shall vest over 3 years in one-third increments, beginning December 30, 2020, and on each anniversary thereafter, subject to continued employment.
( 3 )Shares in the Company's Employee Stock Purchase Plan.
( 4 )Represents unvested time-based restricted stock award granted on April 1, 2018, which shall vest over 3 years in one-third increments, beginning April 1, 2019, and on each anniversary thereafter, subject to continued employment.
( 5 )Represents unvested time-based restricted stock award granted on October 1, 2019, which shall vest over 3 years in one-third increments, beginning April 1, 2020, and on each anniversary thereafter, subject to continued employment.
( 6 )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.
( 7 )Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
( 8 )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 continued employment.

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