SEC Form 5 
FORM 5	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940 	  
OMB APPROVAL
OMB Number:	3235-0362	
Estimated average burden	
hours per response:	1.0	

	
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).			
	Form 3 Holdings Reported.
X	
					
	Form 4 Transactions Reported.			
1. Name and Address of Reporting Person*
Pruitt Kristin	

(Last)	(First)	(Middle)	
52041 CARDING MILL CT	

(Street) 
GRANGER	IN	46530	

(City)	(State)	(Zip)	
	2. Issuer Name and Ticker or Trading Symbol 
LAKELAND FINANCIAL CORP [ LKFN ] 	5. Relationship of Reporting Person(s) to Issuer 
(Check all applicable) 
	Director		10% Owner	
X	Officer (give title below)		Other (specify below)	
Senior Vice President	
		
	3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2011 		
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) 
X	Form filed by One Reporting Person	
	Form filed by More than One Reporting Person	
	
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1. Title of Security (Instr. 3) 	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8) 	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 	5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) 	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 	7. Nature of Indirect Beneficial Ownership (Instr. 4) 		
				Amount	(A) or (D)	Price					
Common Stock	12/31/2011		J4(1) 	676	A	$22.37 	2,207	I	401(k) Plan		
Common Stock							100	D			
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities) 	
1. Title of Derivative Security (Instr. 3) 	2. Conversion or Exercise Price of Derivative Security 	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8) 	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 	6. Date Exercisable and Expiration Date (Month/Day/Year)	7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 	8. Price of Derivative Security (Instr. 5) 	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 	11. Nature of Indirect Beneficial Ownership (Instr. 4) 	
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					
Restricted Stock Units(3) 	$0 						03/15/2012	03/15/2012(2) 	Common Stock	2,640		2,640	D		
Restricted Stock Units(3) 	$0(4) 						02/01/2013	02/01/2013(2) 	Common Stock	2,000		2,000	D		
Restricted Stock Units(3) 	$0(4) 						02/01/2014	02/01/2014(2) 	Common Stock	3,000		3,000	D		
Stock Options (Right to Buy)	$24.05 						05/14/2013	05/14/2018	Common Stock	5,000		5,000	D		
Explanation of Responses:	
1. Salary redirection to 401(k) plan for 2011.	
2. Restricted Stock Unit awards are a conditional promise to transfer a share at a specific futurue date and do not have an expiration date.	
3. The Restricted Stock Units are subject to forfeiture based on corporate performance criteria.	
4. Each Restricted Stock Unit exercises into 1 share of Common Stock.	
	Teresa A. Bartman, Attorney-in-Fact	02/10/2012	
	** Signature of Reporting Person	Date	
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).	
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.