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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 2270 (9-02) | ||
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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 at End of Issuer's Fiscal Year (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | |||||||||
| Common Stock Right to Buy (5) | $ 8.7879 (6) | Â | Â | Â | Â | Â | 07/01/1999 | 06/30/2008 | Common Stock | Â | 3,600 | Â | ||
| Common Stock Right to Buy (7) | $ 22.4 | Â | Â | Â | Â | Â | 12/21/2005(8) | 12/21/2014 | Common Stock | Â | 7,000 | Â | ||
| Common Stock Right to Buy (7) | $ 17.08 | Â | Â | Â | Â | Â | 11/17/2004(8) | 11/17/2013 | Common Stock | Â | 15,000 | Â | ||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| CURTIS C WILLIAM JR SEACOAST BANKING CORP. OF FLORIDA P.O. BOX 9012 STUART, FL 34995 |
 |  |  Sr.EVP & Chief Banking Officer |  |
| Sharon Mehl as power of attorney for C. William Curtis, Jr. | 02/12/2007 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | Represents time-based restricted stock that vested |
| (2) | Represent unvested shares in time-based restricted stock awards granted under Seacoast's 2000 Long-Term incentive Plan which vest over 5 years at the rate of 20% on the first anniversary of the date of grant and then at the rate of 20% on each of the following four anniversaries, subject to continued employment |
| (3) | Represents a time-based restricted stock awards granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest over 5 years, beginning at 25% on the second anniversary of the date of grant and then at the rate of 25% on each of the following three anniversaries, subject to continued employment |
| (4) | Represents unvested shares in performance-based restricted stock awards granted under Seacoast's 2000 Long-Term Incentive Plan which shall vest, subject to continued employment, over a 5-year performance period beginning the fiscal year after the award was granted as to the following percentage of shares on Seacoast's EPS growth over the performance period compared to the prior year's EPS: 38% EPS growth = 25% vesting; 50% EPS growth = 50% vesting; 75% EPS growth = 75% vesting; 85% EPS growth = 100% vesting. Notwithstanding the above schedule, 100% of the performance based award shall vest on the fifth anniversary of the grant date if the Company achieves an ROE of at least 16.5% for 3 consecutive quarters during the performance period, regardless of whether the EPS targets are met |
| (5) | Granted pursuant to Seacoast National Banking Corporation of Florida's 1996 Long-Term Incentive Plan |
| (6) | The Form 4 filing software only allows for numbers to be expressed up to four decimal places. The actual price of the stock options is $8.787879 |
| (7) | Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan |
| (8) | Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (first anniversary noted above) and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continued employment |