M. SCOTT WELCH - 08 Jul 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
08 Jul 2022
Net transactions value
+$17,501
Form type
4
Filing time
11 Jul 2022, 07:41:33 UTC
Previous filing
12 May 2022
Next filing
14 Jul 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 1,257 08 Jul 2022 Direct
holding LKFN Common Stock 6,500 08 Jul 2022 By Corporation
holding LKFN Common Stock 34,000 08 Jul 2022 By LLP
holding LKFN Common Stock 162,741 08 Jul 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 $17,501 +261 +0.5% $67.05 52,393 08 Jul 2022 Common Stock 261 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.