M. Scott Welch - Jul 8, 2022 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Role
Director
Signature
/s/ Becka J. Turnbow, Attorney-in-Fact
Stock symbol
LKFN
Transactions as of
Jul 8, 2022
Transactions value $
$17,501
Form type
4
Date filed
7/11/2022, 07:41 AM
Previous filing
May 12, 2022
Next filing
Jul 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LKFN Common Stock 1.26K Jul 8, 2022 Direct
holding LKFN Common Stock 6.5K Jul 8, 2022 By Corporation
holding LKFN Common Stock 34K Jul 8, 2022 By LLP
holding LKFN Common Stock 163K Jul 8, 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 $17.5K +261 +0.5% $67.05 52.4K Jul 8, 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.