Bradley J. Toothaker - Nov 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
Nov 6, 2023
Transactions value $
$7,175
Form type
4
Date filed
11/7/2023, 02:28 PM
Previous filing
Aug 7, 2023
Next filing
Jan 8, 2024

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 $7.18K +135 +0.86% $53.15 15.8K Nov 6, 2023 Common Stock 135 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 exercisableafter the directors' retirement as a Board member.
F3 Phanton shares expire after the directors' retirement as a Board member.