SEACOAST BANKING CORP OF FLORIDA 8-K 2012
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 3, 2012
SEACOAST BANKING CORPORATION OF FLORIDA
(Exact Name of Registrant as Specified in its Charter)
Registrants telephone number, including area code: (772) 287-4000
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
On April 3, 2012, the United States Department of the Treasury (Treasury) closed the secondary public offering of 2,000 shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A, par value $0.10 per share (the Series A Preferred Shares) of Seacoast Banking Corporation of Florida (the Company). The Series A Preferred Shares were offered pursuant to an underwriting agreement (the Underwriting Agreement) dated March 28, 2012, among the Company, Seacoast National Bank, Treasury and Merrill Lynch, Pierce, Fenner & Smith Incorporated and Sandler ONeill & Partners, L.P., as the representatives of the several underwriters named therein.
The public offering price and the allocation of the Series A Preferred Shares in this offering were determined by an auction process. The public offering price of the Series A Preferred Shares was equal to its auction clearing price of $20,510.00 per share. The Company did not receive any of the proceeds of the offering of the Series A Preferred Shares. The offering was made under a prospectus supplement and the accompanying prospectus filed with the Securities and Exchange Commission pursuant to the Companys registration statement on Form S-3 (Registration No. 333-156803).
The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to Exhibit 1.1 of this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 3, 2012