SEC Form 5 · accession 0001127602-17-005115
LAKELAND FINANCIAL CORP · LKFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa M O'Neill
Officer — EVP & CFO
Period of report
Dec 31, 2016
Accepted (ET)
Feb 13, 2017 · 8:34 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 | Dec 31, 2016 | J | 282 | $33.95 | A | 373 | I | 401(k) Plan |
| Common Stock | holding | — | — | — | 5,250 | 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 UnitsF2,F3,F4 | $0.00 | holding | — | — | — | Feb 1, 2017 | Feb 1, 2017 | Common Stock | 7,140 | 7,140 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | holding | — | — | — | Apr 16, 2017 | Apr 16, 2017 | Common Stock | 4,500 | 4,500 | D |
| Restricted Stock UnitsF2,F3,F4 | $0.00 | holding | — | — | — | Feb 1, 2018 | Feb 1, 2018 | Common Stock | 6,000 | 6,000 | D |
| Restricted Stock UnitsF2,F3,F4 | $0.00 | holding | — | — | — | Feb 1, 2019 | Feb 1, 2019 | Common Stock | 6,000 | 6,000 | D |
Explanation of responses
- F1Salary redirection to 401(k) plan for 2016.
- F2The Restricted Stock Units are subject to forfeiture based on corporate performance criteria.
- F3Each Restricted Stock Unit exercises into 1 share of Common Stock.
- F4Restricted Stock Unit awards are a conditional promise to transfer a share at a specific futurue date and do not have an expiration date.