4//SEC Filing
LAKELAND BANCORP INC 4
Accession 0001180220-16-000058
CIK 0000846901operating
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 4:16 PM ET
Size
5.6 KB
Accession
0001180220-16-000058
Insider Transaction Report
Form 4
NOONAN JAMES R
EVP and Chief Credit Officer
Transactions
- Award
Common Stock
2016-02-24+6,394→ 46,329 total
Footnotes (2)
- [F1]Includes a total of 16939 RSU's (including those granted on 2/24/16) that have not yet vested; 1,005 shares of restricted stock that have not yet vested and 323 shares acquired through Company's DRIP Plan.
- [F2]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 1-1-2016 and ending on 12-31-2018 (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.
Documents
Issuer
LAKELAND BANCORP INC
CIK 0000846901
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0000846901
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 4:16 PM ET
- Size
- 5.6 KB