James Rickard Donovan - 15 Mar 2022 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Signature
/s/ Becka J. Turnbow, Attorney-in-Fact
Issuer symbol
LKFN
Transactions as of
15 Mar 2022
Net transactions value
-$43,050
Form type
4
Filing time
15 Mar 2022, 16:03:30 UTC
Previous filing
07 Feb 2022
Next filing
13 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LKFN Common Stock Sale $43,050 -525 -15% $82.00 2,914 15 Mar 2022 Direct
holding LKFN Common Stock 1,040 15 Mar 2022 401(k) Plan

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 Restricted Stock Units 4,050 15 Mar 2022 Common Stock 4,050 $0.000000 Direct F1, F2, F3
holding LKFN Restricted Stock Units 4,050 15 Mar 2022 Common Stock 4,050 $0.000000 Direct F1, F2, F3
holding LKFN Restricted Stock Units 4,050 15 Mar 2022 Common Stock 4,050 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units are subject to forfeiture based on corporate performance criteria.
F2 Each Restricted Stock Unit exercises into 1 share of Common Stock.
F3 Restricted Stock Unit awards are a conditional promise to transfer a share at a specific futurue date and do not have an expiration date.