Kyra E. Clark - Jan 3, 2022 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Signature
/s/ Matt VanDeWielle, Attorney-in-Fact
Stock symbol
LKFN
Transactions as of
Jan 3, 2022
Transactions value $
-$45,279
Form type
4
Date filed
1/4/2022, 09:22 AM
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LKFN Common Stock Options Exercise $0 +1.5K $0.00 1.5K Jan 3, 2022 Direct
transaction LKFN Common Stock Tax liability -$45.3K -565 -37.67% $80.14 935 Jan 3, 2022 Direct

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 Restricted Stock Units Options Exercise $0 -1.5K -100% $0.00* 0 Jan 3, 2022 Common Stock 1.5K $0.00 Direct F1, F2
holding LKFN Restricted Stock Units 4.05K Jan 3, 2022 Common Stock 4.05K $0.00 Direct F1, F2, F3
holding LKFN Restricted Stock Units 4.05K Jan 3, 2022 Common Stock 4.05K $0.00 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.