M. Scott Welch - Feb 7, 2022 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Role
Director
Signature
/s/ Matt VanDeWielle, Attorney-in-Fact
Stock symbol
LKFN
Transactions as of
Feb 7, 2022
Transactions value $
$20,685
Form type
4
Date filed
2/7/2022, 01:36 PM
Previous filing
Jan 13, 2022
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LKFN Common Stock 163K Feb 7, 2022 By Spouse
holding LKFN Common Stock 34K Feb 7, 2022 By LLP
holding LKFN Common Stock 6.5K Feb 7, 2022 By Corporation
holding LKFN Common Stock 1.26K Feb 7, 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 Phantom Stock Award $20.7K +256 +0.5% $80.80 51.9K Feb 7, 2022 Common Stock 256 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.