M. Scott Welch - 06 Jan 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
06 Jan 2023
Transactions value $
$17,448
Form type
4
Filing time
09 Jan 2023, 11:55:04
Previous filing
13 Feb 2023
Next filing
12 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LKFN Common Stock 1.26K 06 Jan 2023 Direct
holding LKFN Common Stock 6.5K 06 Jan 2023 By Corporation
holding LKFN Common Stock 34K 06 Jan 2023 By LLP
holding LKFN Common Stock 163K 06 Jan 2023 By Spouse

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 $17.4K +240 +0.45% $72.70 53.2K 06 Jan 2023 Common Stock 240 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.