Bradley J. Toothaker - 05 Jul 2024 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Role
Director
Signature
/s/ Becka J. Turnbow, Attorney-in-Fact
Issuer symbol
LKFN
Transactions as of
05 Jul 2024
Net transactions value
+$24,995
Form type
4
Filing time
08 Jul 2024, 13:13:38 UTC
Previous filing
07 May 2024
Next filing
10 Jul 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LKFN Phantom Stock Award $24,995 +412 +2.5% $60.67 16,843 05 Jul 2024 Common Stock 412 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom stock unit exercises into 1 share of Common Stock.
F2 Phantom stock is exercisableafter the directors' retirement as a Board member.
F3 Phanton shares expire after the directors' retirement as a Board member.