M. Scott Welch - 07 Nov 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: 07 Nov 2022
Net transactions value: +$21,106
Form type: 4
Filing time: 08 Nov 2022, 10:04:45 UTC
Previous filing: 08 Nov 2022
Next filing: 14 Nov 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	07 Nov 2022	Direct
holding	LKFN	Common Stock						6,500	07 Nov 2022	By Corporation
holding	LKFN	Common Stock						34,000	07 Nov 2022	By LLP
holding	LKFN	Common Stock						163,391	07 Nov 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	$21,106	+258	+0.49%	$81.81	52,930	07 Nov 2022	Common Stock	258		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.