M. Scott Welch - Dec 31, 2021 Form 5 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Role
Director
Signature
/s/ Matt VanDeWielle, Attorney-in-Fact
Stock symbol
LKFN
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/7/2022, 01:50 PM
Previous filing
Dec 8, 2021
Next filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LKFN Common Stock Gift $0 -13.5K -67.5% $0.00 6.5K Nov 19, 2021 By Corporation
holding LKFN Common Stock 1.26K Dec 31, 2021 Direct
holding LKFN Common Stock 34K Dec 31, 2021 By LLP
holding LKFN Common Stock 162K Dec 31, 2021 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
holding LKFN Phantom Stock 51.4K Dec 31, 2021 Common Stock 51.4K 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.