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SBCF > SEC Filings for SBCF > Form 8-K/A on 18-Jul-2013All Recent SEC Filings

Show all filings for SEACOAST BANKING CORP OF FLORIDA

Form 8-K/A for SEACOAST BANKING CORP OF FLORIDA


18-Jul-2013

Submission of Matters to a Vote of Security Holders


Item 5.07. Submission of Matters to a Vote of Security Holders.

(d) On May 28, 2013, Seacoast Banking Corporation of Florida (the "Company") filed a Current Report on Form 8-K under this Item 5.07 to report the results of its Annual Meeting of Shareholders held on May 23, 2013 (the "2013 Annual Meeting"). The Company is filing this amendment to that Form 8-K to disclose the Company's decision in light of the vote at the 2013 Annual Meeting regarding how frequently the Company will include a shareholder advisory (non-binding) vote on the executive compensation of the Company's named executive officers.

As previously reported, at the 2013 Annual Meeting, the option of every "1 year" received the highest number of votes cast and therefor was deemed the frequency for the advisory vote on executive compensation selected by shareholders. The Company's Board of Directors (the "Board") has determined that future advisory (non-binding) votes on executive compensation will occur every year (annually). Accordingly, the next shareholder advisory (non-binding) vote on executive compensation will be held at the Company's 2014 Annual Meeting of Shareholders. The Company will continue to hold annual advisory votes until the next required shareholder advisory (non-binding) vote regarding the frequency interval is held in six years at the Company's 2019 Annual Meeting of Shareholders.

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