Blake Augsburger - 10 Jul 2023 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
10 Jul 2023
Net transactions value
+$22,526
Form type
4
Filing time
10 Jul 2023, 14:21:59 UTC
Previous filing
08 May 2023
Next filing
12 Jul 2023

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 $22,526 +460 +3.1% $48.97 15,524 10 Jul 2023 Common Stock 460 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 exercises 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.