Ronald Truex - 07 Jan 2022 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: 07 Jan 2022
Net transactions value: +$24,980
Form type: 4
Filing time: 10 Jan 2022, 08:42:00 UTC
Previous filing: 09 Nov 2021
Next filing: 13 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LKFN	Common Stock						30,000	07 Jan 2022	By LLC
holding	LKFN	Common Stock						17,763	07 Jan 2022	Direct
holding	LKFN	Common Stock						7,774	07 Jan 2022	By Spouse

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	$24,980	+302	+1.8%	$82.72	17,272	07 Jan 2022	Common Stock	302		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 Phontom 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.