4//SEC Filing
LAKELAND BANCORP INC 4
Accession 0001180220-17-000021
CIK 0000846901operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 12:19 PM ET
Size
6.4 KB
Accession
0001180220-17-000021
Insider Transaction Report
Form 4
VANDENBERGH ROBERT A
SEVP &Chief Operating Officer
Transactions
- Award
Common Stock
2017-02-22+9,422→ 132,630 total
Holdings
- 21,859(indirect: By NBSC ESOP)
Common Stock
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 1-1-2017 and ending on 12-31-2019 (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 43,042 RSU's that have not yet vested (including the 9,422 shares acquired on 2/22/17). Also includes 1,601 shares of restricted shares that have not yet vested and 258 shares acquired through the Company's DRIP Plan.
Documents
Issuer
LAKELAND BANCORP INC
CIK 0000846901
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0000846901
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 12:19 PM ET
- Size
- 6.4 KB