M. Scott Welch - Jan 5, 2024 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 5, 2024
Transactions value $
$17,481
Form type
4
Date filed
1/8/2024, 11:58 AM
Previous filing
Nov 7, 2023
Next filing
Jan 11, 2024
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 Jan 5, 2024 Direct
holding LKFN Common Stock 25K Jan 5, 2024 By Corporation
holding LKFN Common Stock 34K Jan 5, 2024 By LLP
holding LKFN Common Stock 189K Jan 5, 2024 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 $17.5K +274 +0.5% $63.80 55.6K Jan 5, 2024 Common Stock 274 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.