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

Role
Director
Signature
/s/ Matt VanDeWielle, Attorney-in-Fact
Issuer symbol
LKFN
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
07 Feb 2022, 13:50:32 UTC
Previous filing
08 Dec 2021
Next filing
10 Jan 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 Gift $0 -13,500 -68% $0.000000 6,500 19 Nov 2021 By Corporation
holding LKFN Common Stock 1,257 31 Dec 2021 Direct
holding LKFN Common Stock 34,000 31 Dec 2021 By LLP
holding LKFN Common Stock 162,091 31 Dec 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 51,384 31 Dec 2021 Common Stock 51,384 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.