SEC Form 4 · accession 0001127602-16-039952
LAKELAND FINANCIAL CORP · LKFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles E Niemier
Director
Period of report
Feb 5, 2016
Accepted (ET)
Feb 8, 2016 · 9:20 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 | Feb 5, 2016 | P | 26 | $41.655 | A | 9,033 | I | By Spouse |
| Common Stock | Feb 5, 2016 | P | 422 | $41.655 | A | 93,675 | D | |
| Common Stock | Feb 5, 2016 | P | 126 | $41.655 | A | 93,801 | D | |
| Common Stock | Feb 5, 2016 | P | 26 | $41.655 | A | 9,059 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2,F3 | — | Feb 5, 2016 | A | 178 | A | — | — | Common Stock | 178 | 30,416 | D |
| Stock Options (Right to Buy) | $24.05 | holding | — | — | — | May 14, 2013 | May 14, 2018 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1Each phantom stock unit exersises into 1 share of Common Stock.
- F2Phantom stock is exercisable after the directors' retirement as a Board member.
- F3Phantom shares expire after the directors' retirement as a Board member.