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
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:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On May 30, 2012, Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) completed its repurchase of the warrant to purchase 589,622.5 shares of Seacoast’s common stock issued to the United States Department of the Treasury (“Treasury”) in December 2008. The Company repurchased the warrant for a total price of $55,000.
The repurchase had no impact on the Company’s results of operations as the repurchase price results in a reduction of the Company’s cash and an offsetting reduction in paid in capital.
On April 3, 2012, the Company announced that Treasury sold the Company’s Fixed Rate Cumulative Perpetual Preferred Stock, Series A, par value $0.10 per share, to other investors in a secondary public offering.
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: June 1, 2012