SEC Form 4 · accession 0001127602-17-014884
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
Apr 16, 2017
Accepted (ET)
Apr 18, 2017 · 1:16 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 | Apr 16, 2017 | M | 4,500 | $0.00 | A | 14,628 | D | |
| Common Stock | Apr 16, 2017 | F | 1,834 | $41.73 | D | 12,794 | D | |
| Common Stock | holding | — | — | — | 373 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Apr 16, 2017 | M | 4,500 | D | Apr 16, 2017 | Apr 16, 2017 | Common Stock | 4,500 | 0 | D |
| Restricted Stock UnitsF3,F1,F2 | $0.00 | holding | — | — | — | Feb 1, 2018 | Feb 1, 2018 | Common Stock | 6,000 | 6,000 | D |
| Restricted Stock UnitsF3,F1,F2 | $0.00 | holding | — | — | — | Feb 1, 2019 | Feb 1, 2019 | Common Stock | 6,000 | 6,000 | D |
| Restricted Stock UnitsF3,F1,F2 | $0.00 | holding | — | — | — | Feb 1, 2020 | Feb 1, 2020 | Common Stock | 5,400 | 5,400 | D |
Explanation of responses
- F1Each Restricted Stock Unit exercises into 1 share of Common Stock.
- F2Restricted Stock Unit awards are a conditional promise to transfer a share at a specific futurue date and do not have an expiration date.
- F3The Restricted Stock Units are subject to forfeiture based on corporate performance criteria.