SEC Form 4 · accession 0001127602-16-038638
LAKELAND FINANCIAL CORP · LKFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Teresa A Bartman
Officer — SVP - Finance & Controller
Period of report
Jan 29, 2016
Accepted (ET)
Feb 1, 2016 · 11:35 am 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 29, 2016 | M | 1,110 | $0.00 | A | 6,550 | D | |
| Common Stock | Jan 29, 2016 | F | 410 | $43.79 | D | 6,140 | D | |
| Common Stock | holding | — | — | — | 7,638 | I | 401(k) Plan |
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,F4 | $0.00 | Jan 29, 2016 | M | 1,110 | D | Feb 1, 2016 | Feb 1, 2016 | Common Stock | 1,110 | 0 | D |
| Restricted Stock UnitsF1,F2,F3 | $0.00 | holding | — | — | — | Feb 1, 2017 | Feb 1, 2017 | Common Stock | 1,000 | 1,000 | D |
| Restricted Stock UnitsF1,F2,F3 | $0.00 | holding | — | — | — | Feb 1, 2018 | Feb 1, 2018 | Common Stock | 1,000 | 1,000 | D |
| Restricted Stock UnitsF1,F2,F3 | $0.00 | holding | — | — | — | Feb 1, 2019 | Feb 1, 2019 | Common Stock | 1,000 | 1,000 | 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.
- F4Shares adjusted due to performance criteria.