SEC Form 5 · accession 0001127602-16-040519
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
Dec 31, 2015
Accepted (ET)
Feb 11, 2016 · 12:50 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 | Dec 31, 2015 | J | 173 | $42.48 | A | 7,811 | I | 401(k) Plan |
| Common Stock | Dec 31, 2015 | J | 120 | $42.48 | A | 5,560 | 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 UnitsF3,F4,F5 | $0.00 | holding | — | — | — | Feb 1, 2016 | Feb 1, 2016 | Common Stock | 1,110 | 1,110 | D |
| Restricted Stock UnitsF3,F4,F5 | $0.00 | holding | — | — | — | Feb 1, 2017 | Feb 1, 2017 | Common Stock | 1,000 | 1,000 | D |
| Restricted Stock UnitsF3,F4,F5 | $0.00 | holding | — | — | — | Feb 1, 2018 | Feb 1, 2018 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1Salary redirection to 401(k) plan for 2015.
- F2Dividend reinvestment for 2015.
- F3The Restricted Stock Units are subject to forfeiture based on corporate performance criteria.
- F4Each Restricted Stock Unit exercises into 1 share of Common Stock.
- F5Restricted Stock Unit awards are a conditional promise to transfer a share at a specific futurue date and do not have an expiration date.