Edgar Filing: FNB CORP/FL/

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 ^*

GURGOVITS STEPHEN J

2. Issuer Name and Ticker or Trading Symbol
FNB CORP/FL/ [FNB]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
President and CEO

(Last)

(First)

(Middle)

591 BUHL BOULEVARD

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2006

(Street)

SHARON, PA 16146

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								53,250.5285	D
Common Stock								444	I	By Wife
Common Stock								9,506	I	By Wife
Common Stock								2,370.3618	I	By Trust (401K Plan)
Common Stock ⁽¹⁾								5,202.0866	I	By Trust (401K Plan)
Common Stock ⁽²⁾								28,740.5265	D
Common Stock ⁽²⁾								23,849.9272	D
Common Stock ⁽²⁾								25,000	D
Common Stock	11/06/2006		M		37,497	A	$ 10.62	37,497	D
Common Stock	11/06/2006		M		403	A	$ 10	37,900	D
Common Stock	11/06/2006		S		29,700	D	$ 16.95	8,200	D
Common Stock	11/06/2006		S		1,400	D	$ 16.96	6,800	D
Common Stock	11/06/2006		S		1,600	D	$ 16.97	5,200	D
Common Stock	11/06/2006		S		1,400	D	$ 16.98	3,800	D
Common Stock	11/06/2006		S		3,500	D	$ 16.99	300	D
Common Stock	11/06/2006		S		300	D	$ 17	0	D

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 1474 (9-02)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Options (Granted 01/24/1999)

$ 10.62

11/06/2006

37,497

⁽³⁾

01/24/2009

Common Stock

⁽⁴⁾

Stock Options (Granted 04/29/1999)

$ 10

11/06/2006

403

04/30/2000

04/26/2009

Common Stock

⁽⁴⁾

Stock Options (Granted 01/23/2000)

$ 10.21

⁽³⁾

01/23/2010

Common Stock

82,741

Stock Options (Granted 01/23/2000)

$ 10.21

01/24/2001

01/23/2010

Common Stock

1,319

Stock Options (Granted 01/22/2001

$ 10.44

⁽³⁾

01/22/2011

Common Stock

85,036

Stock Options (Granted 01/22/2001)

$ 10.44

01/23/2002

01/22/2011

Common Stock

1,457

Stock Options (Granted 01/20/2002)

$ 12.94

⁽³⁾

01/20/2012

Common Stock

52,164

Stock Options (Granted 01/20/2002)

$ 12.94

01/21/2003

01/20/2012

Common Stock

1,255

Stock Options (Granted 01/20/2003)

$ 13.75

⁽³⁾

01/20/2013

Common Stock

51,061

Stock Options (Granted 01/20/2003)

$ 13.75

01/21/2004

01/20/2013

Common Stock

2,166

Common Stock Equivelant ⁽⁵⁾

$ 20.48

⁽⁶⁾

⁽⁷⁾

Common Stock

9,044.3944

Interest in Plan

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
GURGOVITS STEPHEN J 591 BUHL BOULEVARD SHARON, PA 16146	X		President and CEO

Signatures

/s/ Stephen J. Gurgovits		11/07/2006
^**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)	Represents employer matching contributions pursuant to exempt 401(k) Plan.
(2)	Award of stock pursuant to the F.N.B. Corporation 2001 Incentive Plan. Vests 50% on third anniversary of grant date and 50% to vest on the fourth anniversary of the grant date, with the second 50% being subject to the satisfaction of certain performance criteria.
(3)	Options are fully vested and are available for immediate exercise.
(4)	Not applicable; stock option exercise.
(5)	Represents credit under a supplemental retirement plan for employer matching stock contributions which reporting person receives upon retirement.
(6)	Upon entitlement to amounts under exempt 401(k) Plan.
(7)	Not applicable; represents credit under supplemental retirement plan for employer matching stock contribution which reporting person was prevented from receiving under exempt 401(k) plan.

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Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.