M. Scott Welch - Jan 11, 2022 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
Jan 11, 2022
Transactions value $
$0
Form type
4
Date filed
1/13/2022, 08:37 AM
Previous filing
Jan 10, 2022
Next filing
Feb 7, 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 +650 +0.4% $0.00 163K Jan 11, 2022 By Spouse
holding LKFN Common Stock 1.26K Jan 11, 2022 Direct
holding LKFN Common Stock 6.5K Jan 11, 2022 By Corporation
holding LKFN Common Stock 34K Jan 11, 2022 By LLP

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
holding LKFN Phantom Stock 51.6K Jan 11, 2022 Common Stock 51.6K 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 exersises 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.