X0306 4 2013-05-31 0000846901 LAKELAND BANCORP INC LBAI 0001238837 MCCLURE STEWART E JR C/O LAKELAND BANCORP, INC. 250 OAK RIDGE ROAD OAK RIDGE NJ 07438 0 1 0 0 Reg Pres of LB / SEVP of LBAI Common Stock 2013-05-31 4 A 0 75650 A 75650 D Common Stock 2013-05-31 4 A 0 14826 A 14826 I By self-directed retirement plan Common Stock 2013-05-31 4 A 0 673 A 673 I By spouse c/f Alexandra McCLure under the UGMA Common Stock 2013-05-31 4 A 0 673 A 673 I By spouse c/f Parker McClure under the UGMA Stock Option (right to buy) 5.06 2013-05-31 4 A 0 117429 A 2013-05-31 2014-03-19 Common Stock 117429 117429 D Stock Option (right to buy) 8.07 2013-05-31 4 A 0 8015 A 2013-05-31 2014-04-01 Common Stock 8015 8015 D Stock Option (right to buy) 7.76 2013-05-31 4 A 0 7634 A 2013-05-31 2015-04-01 Common Stock 7634 7634 D Stock Option (right to buy) 9.66 2013-05-31 4 A 0 4616 A 2013-05-31 2017-05-23 Common Stock 4616 4616 D Stock Option (right to buy) 6.29 2013-05-31 4 A 0 12560 A 2013-05-31 2020-02-01 Common Stock 12560 12560 D Stock Option (right to buy) 8.22 2013-05-31 4 A 0 11962 A 2013-05-31 2021-02-02 Common Stock 11962 11962 D Stock Option (right to buy) 6.56 2013-05-31 4 A 0 9569 A 2013-05-31 2021-10-25 Common Stock 9569 9569 D Represents (a) 180 shares of common stock of Lakeland Bancorp, Inc., no par value ("Lakeland Common Stock") which were received by Mr. McClure in exchange for 151 shares of common stock of Somerset Hills Bancorp, no par value ("Somerset Hills Common Stock"), formerly held by him, and (b) 75,470 shares of Lakeland Common Stock which were received jointly by Mr. McClure and his spouse in exchange for 63,092 shares of Somerset Hills Common Stock formerly held jointly by them, in each case in connection with the merger of Somerset Hills Bancorp into Lakeland Bancorp, Inc. (the "Merger"). These shares of Lakeland Common Stock, were received in exchange for 12,395 shares of Somerset Hills Common Stock in connection with the Merger. These shares of Lakeland Common Stock, were received in exchange for 563 shares of Somerset Hills Common Stock in connection with the Merger. These shares of Lakeland Common Stock, were received in exchange for 563 shares of Somerset Hills Common Stock in connection with the Merger. On the effective date of the Merger, the closing price of Somerset Hills Common Stock was $12.07 per share, and the closing price of Lakeland Common Stock was $9.91 per share. Pursuant to the terms of the Merger, each share of Somerset Hills Common Stock was converted into, at the election of the holder, either 1.1962 shares of Lakeland Common Stock or $12.00 in cash, subject to proration, so that 90% of the aggregate Merger consideration consisted of shares of Lakeland Common Stock and 10% consisted of cash. Received in the Merger in exchange for stock option to acquire 98,169 shares of Somerset Hills Common Stock for $6.05 per share. Received in the Merger in exchange for stock option to acquire 6,701 shares of Somerset Hills Common Stock for $9.65 per share. Received in the Merger in exchange for stock option to acquire 6,382 shares of Somerset Hills Common Stock for $9.28 per share. Received in the Merger in exchange for stock option to acquire 3,859 shares of Somerset Hills Common Stock for $11.56 per share. Received in the Merger in exchange for stock option to acquire 10,500 shares of Somerset Hills Common Stock for $7.52 per share. Received in the Merger in exchange for stock option to acquire 10,000 shares of Somerset Hills Common Stock for $9.83 per share. Received in the Merger in exchange for stock option to acquire 8,000 shares of Somerset Hills Common Stock for $7.85 per share. /s/Stewart E. McClure Jr., By Harry Cooper, Attorney-in-Fact 2013-06-03