M. SCOTT WELCH - 12 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
12 Jul 2022
Net transactions value
$0
Form type
4
Filing time
14 Jul 2022, 08:41:30 UTC
Previous filing
11 Jul 2022
Next filing
08 Aug 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 Award $0 +650 +0.4% $0.000000 163,391 12 Jul 2022 By Spouse
holding LKFN Common Stock 1,257 12 Jul 2022 Direct
holding LKFN Common Stock 6,500 12 Jul 2022 By Corporation
holding LKFN Common Stock 34,000 12 Jul 2022 By LLP

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 52,393 12 Jul 2022 Common Stock 52,393 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.