Brok A. Lahrman - 30 Jul 2021 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Role
SVP, Chief Accounting Officer
Signature
/s/ Becka J. Turnbow, Attorney-in-Fact
Issuer symbol
LKFN
Transactions as of
30 Jul 2021
Net transactions value
-$17,132
Form type
4
Filing time
30 Jul 2021, 14:09:07 UTC
Next filing
07 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LKFN Common Stock Sale $17,132 -250 -50% $68.53 250 30 Jul 2021 Direct
holding LKFN Common Stock 430 30 Jul 2021 401(k) Plan

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 Restricted Stock Units 0 30 Jul 2021 Common Stock 0 $0.000000 Direct F1, F2
holding LKFN Restricted Stock Units 1,350 30 Jul 2021 Common Stock 1,350 $0.000000 Direct F1, F2, F3
holding LKFN Restricted Stock Units 1,350 30 Jul 2021 Common Stock 1,350 $0.000000 Direct F1, F2, F3
holding LKFN Restricted Stock Units 1,350 30 Jul 2021 Common Stock 1,350 $0.000000 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 Restricted Stock Unit exercises into 1 share of Common Stock.
F2 Restricted Stock Unit awards are a conditional promise to transfer a share at a specific futurue date and do not have an expiration date.
F3 The Restricted Stock Units are subject to forfeiture based on corporate performance criteria.