Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
HUDSON DENNIS S III
  2. Issuer Name and Ticker or Trading Symbol
SEACOAST BANKING CORP OF FLORIDA [SBCF]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman & CEO
(Last)
(First)
(Middle)
SEACOAST BANKING CORP. OF FLORIDA, P.O. BOX 9012
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2009
(Street)

STUART, FL 34995
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/31/2009   D(1)   6,500 D $ 0 (1) 0 D (1)  
Common Stock 12/21/2009   J(2) V 1,300 D $ 0 (2) 0 D (2)  
Common Stock 12/21/2009   J(2) V 1,300 A $ 0 (2) 9,286 D (3)  
Common Stock               245,293 D (4)  
Common Stock               1,121,778 I Held by Sherwood Partners, Ltd, family partnership
Common Stock               1,400 I Held by Spouse as Custodian for son
Common Stock               1,007 D (5)  
Common Stock               87,115.3888 D (6)  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock-settled Stock Appreciation Rights (7) $ 22.22             04/02/2009(8) 04/02/2017 Common Stock 73,135   73,135 D  
Stock-settled Stock Appreciation Rights (7) $ 26.72             05/16/2008(8) 05/16/2016 Common Stock 27,600   27,600 D  
Common Stock RIght to Buy (7) $ 22.4             12/21/2005(9) 12/21/2014 Common Stock 30,000   30,000 D  
Common Stock Right to Buy (7) $ 17.08             11/17/2004(9) 11/17/2013 Common Stock 75,000   75,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HUDSON DENNIS S III
SEACOAST BANKING CORP. OF FLORIDA
P.O. BOX 9012
STUART, FL 34995
  X     Chairman & CEO  

Signatures

 Sharon Mehl as Power of Attorney for Dennis S. Hudson, III   01/04/2010
**Signature of Reporting Person Date

Explanation of Responses:

* 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) Shares from a performance-based restricted stock award granted under Seacoast's 2000 Long-Term Incentive Plan which not vest during the 5-year performance period from January 1, 2005 to December 31, 2009, and were forfeited.
(2) Shares held in time-based restricted stock award that vested on 12/21/09, and were transferred into existing account. No change in beneficial ownership.
(3) Shares held in Trust
(4) Shares held jointly with spouse
(5) Represents unvested time-based restricted stock awards granted on 2/2/2007 under Seacoast's 2000 Long-Term Incentive Plan which shall vest in 25% increments beginning on the second anniversary of the date of grant, and each anniversary thereafter, subject to continued employment.
(6) Represent shares held in the Company's Retirement Savings Plan
(7) Granted pursuant to Seacoast Banking Corporation of Florida's 2000 Long-Term Incentive Plan
(8) Vest over five years in 25% increments beginning on the second anniversary of the date of the grant (the date indicated) and each of the following three anniversaries thereafter, subject to continued employment
(9) Vests over 5 years at the rate of 20% on the first anniversary of the date of grant (date indicated)and then at the rate of 20% on each of the following four anniversaries thereafter, subject to continued employment.

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