Faraz Abbasi - Jan 6, 2023 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
Jan 6, 2023
Transactions value $
$17,521
Form type
4
Date filed
1/9/2023, 11:30 AM
Previous filing
Nov 8, 2022
Next filing
Jan 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LKFN Common Stock 1.3K Jan 6, 2023 Direct

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 +241 +91.63% $72.70 504 Jan 6, 2023 Common Stock 241 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.