Blake Augsburger - Jul 10, 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
Jul 10, 2023
Transactions value $
$22,526
Form type
4
Date filed
7/10/2023, 02:21 PM
Previous filing
May 8, 2023
Next filing
Jul 12, 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 $22.5K +460 +3.05% $48.97 15.5K Jul 10, 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.