SEC Form 4 · accession 0001127602-18-004215
LAKELAND FINANCIAL CORP · LKFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer M Hurford
Officer — SVP & Treasurer
Period of report
Feb 2, 2018
Accepted (ET)
Feb 6, 2018 · 10:16 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 | Feb 2, 2018 | M | 975 | $0.00 | A | 2,061 | D | |
| Common Stock | Feb 2, 2018 | F | 360 | $48.21 | D | 1,701 | D | |
| Common Stock | holding | — | — | — | 342 | 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,F3,F4 | $0.00 | Feb 2, 2018 | M | 975 | D | Feb 1, 2018 | Feb 1, 2018 | Common Stock | 975 | 0 | D |
| Restricted Stock UnitsF1,F2,F3 | $0.00 | holding | — | — | — | Feb 1, 2019 | Feb 1, 2019 | Common Stock | 750 | 750 | D |
| Restricted Stock UnitsF1,F2,F3 | $0.00 | holding | — | — | — | Feb 1, 2020 | Feb 1, 2020 | Common Stock | 1,350 | 1,350 | D |
| Restricted Stock UnitsF1,F2,F3 | $0.00 | holding | — | — | — | Feb 1, 2021 | Feb 1, 2021 | Common Stock | 1,350 | 1,350 | D |
Explanation of responses
- F1The Restricted Stock Units are subject to forfeiture based on corporate performance criteria.
- F2Each Restricted Stock Unit exercises into 1 share of Common Stock.
- F3Restricted Stock Unit awards are a conditional promise to transfer a share at a specific futurue date and do not have an expiration date.
- F4Shares adjusted due to performance criteria.