4//SEC Filing
Lalwani Ellen 4
Accession 0001180220-20-000020
CIK 0000846901other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 1:27 PM ET
Size
5.6 KB
Accession
0001180220-20-000020
Insider Transaction Report
Form 4
Lalwani Ellen
EVP/Chief Retail Officer
Transactions
- Award
Common Stock
2020-02-26+7,159→ 21,752 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 1-1-2020 and ending on 12-31-2022 (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 2018 Omnibus Equity Incentive Plan.
- [F2]Represents a total of 15,319 RSU's that have not yet vested and 474 shares acquired through the Company's DRIP.
Documents
Issuer
LAKELAND BANCORP INC
CIK 0000846901
Entity typeother
Related Parties
1- filerCIK 0001725633
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 1:27 PM ET
- Size
- 5.6 KB