SEC Form 5 · accession 0001127602-18-005636
LAKELAND FINANCIAL CORP · LKFN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Kubacki
Director
Period of report
Dec 31, 2017
Accepted (ET)
Feb 14, 2018 · 8:57 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, 2017 | J | 740 | $45.84 | A | 40,682 | I | 401(k) Plan |
| Common Stock | holding | — | — | — | 234,300 | 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, 2018 | Feb 1, 2018 | Common Stock | 23,400 | 23,400 | D |
Explanation of responses
- F1Salary redirection to 401(k) plan for 2017.
- 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.