Faraz Abbasi - 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, 11:43 AM
Previous filing
Nov 7, 2023
Next filing
Jan 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LKFN Common Stock 2.6K Jan 5, 2024 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 $17.5K +274 +31% $63.80 1.16K 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.