M. Scott Welch - May 6, 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
May 6, 2024
Transactions value $
$26,853
Form type
4
Date filed
5/7/2024, 02:07 PM
Previous filing
Mar 1, 2024
Next filing
May 20, 2024

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 $26.9 K +434 +0.78% $61.87 56.4 K May 6, 2024 Common Stock 434 Direct F1, F2, F3

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.