SEC Form 4 · accession 0001127602-16-059882
LAKELAND FINANCIAL CORP · LKFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles E Niemier
Director
Period of report
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 4:00 pm EDT
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 | Aug 5, 2016 | P | 24 | $52.9919 | A | 13,690 | I | By Spouse |
| Common Stock | Aug 5, 2016 | P | 383 | $52.9919 | A | 144,361 | D | |
| Common Stock | Aug 5, 2016 | P | 123 | $52.9919 | A | 144,484 | D | |
| Common Stock | Aug 5, 2016 | P | 24 | $52.9919 | A | 13,714 | 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 | — | Aug 5, 2016 | A | 164 | A | — | — | Common Stock | 164 | 46,685 | 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.