M. SCOTT WELCH - 13 Jul 2021 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
13 Jul 2021
Net transactions value
$0
Form type
4
Filing time
15 Jul 2021, 15:57:48 UTC
Previous filing
06 Jul 2021
Next filing
09 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LKFN Common Stock Award $0 +650 +0.4% $0.000000 162,091 13 Jul 2021 By Spouse
holding LKFN Common Stock 1,257 13 Jul 2021 Direct
holding LKFN Common Stock 20,000 13 Jul 2021 By Corporation
holding LKFN Common Stock 34,000 13 Jul 2021 By LLP

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
holding LKFN Phantom Stock 50,895 13 Jul 2021 Common Stock 50,895 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 exersises into 1 share of Common Stock.
F2 Phantom stock is exercisable after the directors' retirement as a Board member.
F3 Phantom shares expire after the directors' retirement as a Board member.