Bradley J. Toothaker - Jul 2, 2021 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Role
Director
Signature
/s/ Kristin L. Pruitt, Attorney-in-Fact
Stock symbol
LKFN
Transactions as of
Jul 2, 2021
Transactions value $
$22,486
Form type
4
Date filed
7/6/2021, 01:13 PM
Next filing
Jul 15, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LKFN Common Stock 19.4K Jul 2, 2021 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 $22.5K +365 +2.8% $61.61 13.4K Jul 2, 2021 Common Stock 365 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.