Charles M. Shaffer - Dec 31, 2024 Form 4 Insider Report for SEACOAST BANKING CORP OF FLORIDA (SBCF)

Signature
/s/ Charles M. Shaffer
Stock symbol
SBCF
Transactions as of
Dec 31, 2024
Transactions value $
-$60,951
Form type
4
Date filed
1/3/2025, 04:43 PM
Previous filing
Nov 13, 2024
Next filing
Mar 5, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBCF Common Stock Tax liability -$61K -2.21K -1.75% $27.53 124K Dec 31, 2024 Direct F1
holding SBCF Common Stock 1.78K Dec 31, 2024 Direct F2
holding SBCF Common Stock 8.51K Dec 31, 2024 Direct F3
holding SBCF Common Stock 49K Dec 31, 2024 Direct F4
holding SBCF Common Stock 8.01K Dec 31, 2024 Direct F5
holding SBCF Common Stock 1.38K Dec 31, 2024 Direct F6

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 28.5K Dec 31, 2024 Common Stock 28.5K $28.69 Direct F7, F8
holding SBCF Common Stock Right to Buy 19K Dec 31, 2024 Common Stock 19K $31.15 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares to cover tax withholding obligations for vested performance-based restricted stock units ("PSUs"), which vested December 31, 2024, total adjusted for rounding.
F2 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.
F3 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.
F4 Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest over 3 years in one-third increments, beginning April 1, 2025, and on each anniversary thereafter, subject to continued employment.
F5 Shares in the Company's Employee Stock Purchase Plan.
F6 Share equivalents held in Company's Retirement Savings Plan as of December 31, 2024.
F7 Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
F8 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 continuous employment on each vesting date and the Company's banking subsidiary meets certain capital requirements.