LAKELAND FINANCIAL CORP — Director's Dealing 2011

Aug 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAKELAND FINANCIAL CORP (LKFN)
CIK: 0000721994
Period of Report: 2011-07-29

Reporting Person: Truex Ronald (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-29	Common Stock	A	500	—	Acquired	1000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20000	Indirect
Common Stock	5183	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$		Common Stock (962)	962	Direct

Footnotes

F1: Each Phontom stock unit exersises into 1 share of Common Stock.

F2: Phantom shares expire after the directors' retirement as a Board member.

F3: Phantom stock is exercisable after the directors' retirement as a Board member.