SEC Form 4 · accession 0001127602-16-066308
LAKELAND FINANCIAL CORP · LKFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles E Niemier
Director
Period of report
Nov 7, 2016
Accepted (ET)
Nov 8, 2016 · 9:30 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 | Nov 7, 2016 | P | 35 | $36.3035 | A | 13,773 | I | By Spouse |
| Common Stock | Nov 7, 2016 | P | 573 | $36.3035 | A | 145,308 | D | |
| Common Stock | Nov 7, 2016 | P | 184 | $36.3035 | A | 145,492 | D | |
| Common Stock | Nov 7, 2016 | P | 35 | $36.3035 | A | 13,808 | 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 StockF4,F1,F2,F3 | — | Nov 7, 2016 | A | 245 | A | — | — | Common Stock | 245 | 47,012 | 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.
- F4To adjust share balance for additional shares received from stock split.