Home/Filings/4/0001180220-15-000015
4//SEC Filing

LAKELAND BANCORP INC 4

Accession 0001180220-15-000015

CIK 0000846901operating

Filed

Feb 25, 7:00 PM ET

Accepted

Feb 26, 9:28 AM ET

Size

5.6 KB

Accession

0001180220-15-000015

Insider Transaction Report

Form 4
Period: 2015-02-25
VANDENBERGH ROBERT A
SEVP &Chief Operating Officer
Transactions
  • Award

    Common Stock

    2015-02-25+9,410110,674 total
Footnotes (2)
  • [F1]Represents performance-based Restricted Stock Units (RSUs), each representing the right to receive, following vesting, one share of common stock. The resulting shares acquired upon vesting of the RSUs is contingent upon the achievement of pre-established performance metrics over a 3 year period beginning 1-1-2015 and ending on 12-31-2017 (the "Performance Period"), provided that the Reporting Person remains employed by the Issuer on the date following the Performance Period that the Compensation Committee of the Issuer's Board of Directors determines that the performance goals for the final year of the Performance Period have been satisfied. If employment terminates sooner, the RSUs will be forfeited unless termination of employment occurs because of death or, subject to certain service requirements, disability or normal or early retirement, in any of which events the RSUs may vest in whole or in part. The RSUs were granted under the Issuer's 2009 Equity Compensation Program.
  • [F2]D: Includes a total of 20,714 RSU's that have not yet vested. Also includes 11,379 shares of restricted shares that have not yet vested.

Issuer

LAKELAND BANCORP INC

CIK 0000846901

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0000846901

Filing Metadata

Form type
4
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 9:28 AM ET
Size
5.6 KB