------ ------------------------- FORM 5 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL ------ Washington, D.C. 20551 ========================= OMB Number: 3235-0362 ANNUAL STATEMENT OF CHANGES IN Expires: February 1, 1994 BENEFICIAL OWNERSHIP Estimated average burden hours per response... 1.0 [_] Check box if no longer subject to Section 16. ------------------------- Form 4 or Form 5 obligations may continue. See instruction 1(b). [_] Form 3 Holdings Reported [_] Form 4 Transactions Reported Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(1) of the Investment Company Act of 1940 ------------------------------------------------------------------------------- 1. Name and Address of Reporting Person Luddecke Louis E ------------------------------------------------------------------------------- (Last) (First) (Middle) C/O Lakeland Bancorp, Inc. 205 Oak Ridge Road ------------------------------------------------------------------------------- (Street) Oak Ridge NJ 07438 ------------------------------------------------------------------------------- (City) (State) (Zip) ------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol: Lakeland Bancorp, Inc.-LBAI ------------------------------------------------------------------------------- 3. IRS or Social Security Number of Reporting Person (Voluntary): 144-36-2005 ------------------------------------------------------------------------------- 4. Statement for Month/Year: December-2000 ------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year): December-2000 ------------------------------------------------------------------------------- 6. Relationship of Reporting Person to Issuer (Check all applicable): ___ Director ___ 10% Owner _ X Officer ___ Other (Title Below) (Specify Below) 0.10% Executive Vice President ------------------ TABLE 1 - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED Title of 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of Security action Date action or Disposed of (D) (Instr. Securities Bene- Form: Direct Indirect (Instr. 3) (Month/Day/ Code 3, 4, and 5) ficially Owned at (D) or Indirect Beneficial Year) (Instr. 8) End of Issuer's (I) (Instr. 4) Ownership ------------------------------ Fiscal Year (Instr. 4) Amount (A) or (D) Price (Instr. 3 & 4) Lakeland Bancorp, Inc. -------------- ---------------- ------------ -------- --------- --------- ----------------- --------------- -------------- Common 02/15/00 DRP 45 A $12.5000 D *1 ----------------------------------------------------------------------------------------------------------------------------------- Common 05/15/00 DRP 52 A $11.1190 D *1 ----------------------------------------------------------------------------------------------------------------------------------- Common 08/15/00 DRP 50 A $11.7140 D *1 ----------------------------------------------------------------------------------------------------------------------------------- 11/15/00 DRP 57 A $10.9250 D *1 ----------------------------------------------------------------------------------------------------------------------------------- 11/15/00 S/D 7 A D *1 ----------------------------------------------------------------------------------------------------------------------------------- 11/15/00 S/D 381 A 8,217 D *1 ----------------------------------------------------------------------------------------------------------------------------------- IRA Merril Lynch 11/15/00 S/D 230 A 4,848 D *2 ----------------------------------------------------------------------------------------------------------------------------------- IRA First Institutional 11/15/00 S/D 22 A 476 D *3 ----------------------------------------------------------------------------------------------------------------------------------- Common 01/01/00 P 110 A N/K I *4 ----------------------------------------------------------------------------------------------------------------------------------- Common 11/15/00 S/D 5 A 115 I *4 ----------------------------------------------------------------------------------------------------------------------------------- Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. FORM 5 (Continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exercisable and 7. Title and Amount of Security (Instr. 3) sion or action Date action Code Derivative Sec- Expiration Date Underlying Securities Exercise (Month/ (Instr. 8) urities Acquired (Month/Day/Year) (Instr. 3 & 4) Price of Day/Year) (A) or Disposed Derivative (D) (Instr. 3, 4 Security & 5) ---------------- ------------------------ ---------------------- Date Expiration Amount or (A) (D) Exercisable Date Title Number of Shares ---------------------- ---------- ----------- ----------- ---------------- ------------------------ ---------------------- Stock Option Right to Purchase $9.380 02/09/00 A 5,000 - * 2/18/10 Common 5,000 --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------- 1. Title of Derivative 8. Price of 9. Number of Derivative 10. Ownership of 11. Nature of Security (Instr. 3) Derivative Securities Beneficially Derivative Sec- Indirect Bene- Securities Owned at End of Year urity: Direct (D) ficial Ownership (Instr. 5) (Instr. 4) or Indirect (I) (Instr. 4) (Instr. 4) ------------------------ -------------- ------------------------ ----------------- ---------------- ------------------------------------------------------------------------------------------------------- Stock Option Right to Purchase - 5,000 D - ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- Stock Option was granted to Company's 2000 Equity Compensation Program and vests in 25% annual installments beginning one year after grant date. Explanation of Responses: *1 - Solely owned by Louis Luddecke *2 - Solely owned by Louis Luddecke *3 - Solely owned by Louis Luddecke /s/ [Illegible] -------------------------------- ------------- Signature of Reporting Person Date **Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 7811(a) Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see instruction 6 for procedure. ------------------------------ CODES ------------------------------ DRP Dividend Reinvestment Plan ------------------------------ S/D Stock Dividend ------------------------------ S/O Stock Option ------------------------------ T Transfer ------------------------------ VP Voluntary Purchase ------------------------------ P Purchase ------------------------------ PM Purchase Market ------------------------------