other
confidence medium
sentiment neutral
materiality 0.20
Lakeland Financial adopts new RSU and PSU award agreement forms under 2017 equity plan
LAKELAND FINANCIAL CORP
- Filed forms of time-based RSU and performance-based PSU agreements for future awards under existing 2017 Amended and Restated Equity Incentive Plan.
- RSUs vest based on continued service; PSUs vest based on achievement of performance measures set by Committee.
- No specific grants, departures, or officer changes announced in this filing.
- Both agreements include standard provisions on vesting, forfeiture, change in control, clawback, and Section 409A compliance.