Charles D. Roberson - Jun 16, 2021 Form 4 Insider Report for LAKELAND INDUSTRIES INC (LAKE)

Signature
/s/ Allen E. Dillard, Attorney-in-Fact
Stock symbol
LAKE
Transactions as of
Jun 16, 2021
Transactions value $
$0
Form type
4
Date filed
6/21/2021, 10:27 AM
Next filing
Nov 2, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LAKE Restricted Stock Units Award $0 +8.64K $0.00 8.64K Jun 16, 2021 Common Stock 8.64K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted restricted stock units ("RSU") which represents a contingent right to receive one share of Common Stock, par value $.01 per share, of the issuer for each RSU. The RSU's vest 1/3 on the first anniversary of the date of grant, 1/3 at the end of the second year of the performance period and 1/3 at the end of the third year of the performance period; provided that, the reporting person remains in continuous service through the vesting date. These RSU's are part of a larger grant of RSU's, the vesting of the remainder of which is subject to achievement of certain performance conditions, as well as continued service through the vesting date.