Faraz Abbasi - Aug 5, 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
Aug 5, 2022
Transactions value $
$150
Form type
4
Date filed
8/8/2022, 06:58 AM
Previous filing
Jul 14, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LKFN Common Stock 1.3K Aug 5, 2022 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 $150 +2 +0.77% $75.06 262 Aug 5, 2022 Common Stock 2 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.