Michael E. Gavin - 27 Jan 2023 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Role
EVP & CCO
Signature
/s/ Becka J. Turnbow, Attorney-in-Fact
Issuer symbol
LKFN
Transactions as of
27 Jan 2023
Net transactions value
-$338,159
Form type
4
Filing time
31 Jan 2023, 09:17:29 UTC
Previous filing
08 Feb 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 +6,372 +472% $0.000000 7,722 27 Jan 2023 Direct F1
transaction LKFN Common Stock Award $0 +3,733 +48% $0.000000 11,455 27 Jan 2023 Direct F2
transaction LKFN Common Stock Award $0 +555 +4.8% $0.000000 12,010 27 Jan 2023 Direct
transaction LKFN Common Stock Tax liability $338,159 -4,970 -41% $68.04 7,040 27 Jan 2023 Direct
holding LKFN Common Stock 10,399 27 Jan 2023 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 4, 2020 the reporting person was granted an award of 5,400 restricted stock units that were subject to vesting based on individual and corporate performance criteria, which grant was previously reported on Table II. The issuer's Compensation Committee determined that 6,372 shares of common stock would be issued in settlement of the award.
F2 On February 2, 2021 the reporting person was granted an award of 5,400 restricted stock units that were subject to vesting based on individual and corporate performance criteria, which grant was previously reported on Table II. The issuer's Compensation Committee determined that 3,733 shares of common stock would be issued in settlement of the award.