SEC Form 4 · accession 0001180220-17-000052
LAKELAND BANCORP INC · LBAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert K Nicholson III
Director
Period of report
Dec 19, 2017
Accepted (ET)
Dec 20, 2017 · 3:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000846901
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Dec 19, 2017 | S | 37,227 | $20.04 | D | 95,739 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mandatory sale of 37,227 shares of Lakeland Bancorp common stock in connection with the termination of the reporting person's former employer's retirement plan.
- F2Average sale price - $20.04 [low $20.00 to high $20.20]
- F3Adjusted by 1,026 shares earned from the Company's Dividend Reinvestment Plan during 2017.