DAVID M. FINDLAY - 03 Feb 2023 Form 4 Insider Report for LAKELAND FINANCIAL CORP (LKFN)

Signature
/s/ Becka J. Turnbow, Attorney-in-Fact
Issuer symbol
LKFN
Transactions as of
03 Feb 2023
Transactions value $
-$600,790
Form type
4
Filing time
07 Feb 2023, 09:53:52 UTC
Previous filing
13 Feb 2023
Next filing
08 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LKFN Common Stock Award $0 +18.9K +10.42% $0.00 200K 03 Feb 2023 Direct F1
transaction LKFN Common Stock Tax liability -$601K -8.21K -4.1% $73.16 192K 03 Feb 2023 Direct
holding LKFN Common Stock 24.8K 03 Feb 2023 401(k) Plan
holding LKFN Common Stock 3K 03 Feb 2023 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 4, 2020 the reporting person was granted an award of 16,000 restricted stock units that were subject to vesting based on individual and corporate performance criteria, which grant was previously reported on Table II. The issuer's Compensation Committee determined that 18,880 shares of common stock would be issued in settlement of the award.