SEC Form 4 · accession 0001127602-15-004994
LAKELAND FINANCIAL CORP · LKFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin L Deardorff
Officer — Executive Vice President
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 3:38 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 | Feb 5, 2015 | S | 1,000 | $40.00 | D | 29,938 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | $0.00 | holding | — | — | — | Feb 1, 2016 | Feb 1, 2016 | Common Stock | 4,000 | 4,000 | D |
| Restricted Stock UnitsF1,F2,F3 | $0.00 | holding | — | — | — | Feb 1, 2017 | Feb 1, 2017 | Common Stock | 4,000 | 4,000 | D |
| Restricted Stock UnitsF1,F2,F3 | $0.00 | holding | — | — | — | Feb 1, 2018 | Feb 1, 2018 | Common Stock | 4,000 | 4,000 | D |
Explanation of responses
- F1The Restricted Stock Units are subject to forfeiture based on corporate performance criteria.
- F2Each Restricted Stock Unit exercises into 1 share of Common Stock.
- F3Restricted Stock Unit awards are a conditional promise to transfer a share at a specific futurue date and do not have an expiration date.