SEC Form 4 · accession 0001127602-15-003643
LAKELAND FINANCIAL CORP · LKFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Kubacki
Officer — Executive Chairman · Director
Period of report
Jan 30, 2015
Accepted (ET)
Feb 2, 2015 · 1:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000721994
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 30, 2015 | M | 13,440 | $0.00 | A | 166,320 | D | |
| Common Stock | holding | — | — | — | 24,929 | I | 401(k) Plan | |
| Common StockF1 | holding | — | — | — | 0 | I | As Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3,F4,F5 | — | Jan 30, 2015 | M | 13,440 | D | Feb 1, 2015 | Feb 1, 2015 | Common Stock | 13,440 | 0 | D |
| Restricted Stock UnitsF2,F3,F4 | $0.00 | holding | — | — | — | Feb 1, 2016 | Feb 1, 2016 | Common Stock | 12,000 | 12,000 | D |
| Restricted Stock UnitsF2,F3,F4 | $0.00 | holding | — | — | — | Feb 1, 2017 | Feb 1, 2017 | Common Stock | 12,000 | 12,000 | D |
| Restricted Stock UnitsF2,F3,F4 | $0.00 | holding | — | — | — | Feb 1, 2018 | Feb 1, 2018 | Common Stock | 12,000 | 12,000 | D |
| Stock Options (Right to Buy) | $24.05 | holding | — | — | — | May 14, 2013 | May 14, 2018 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1The reporting person serves as co-trustee over his mother's trust.
- F2The Restricted Stock Units are subject to forfeiture based on corporate performance criteria.
- F3Each Restricted Stock Unit exercises into 1 share of Common Stock.
- F4Restricted Stock Unit awards are a conditional promise to transfer a share at a specific futurue date and do not have an expiration date.
- F5Shares adjusted due to performance criteria.