Christopher James Ryan - Jan 31, 2023 Form 4 Insider Report for LAKELAND INDUSTRIES INC (LAKE)

Role: Director
Signature: /s/ Allen E. Dillard, Attorney-in-Fact
Stock symbol: LAKE
Transactions as of: Jan 31, 2023
Transactions value $: -$3,258
Form type: 4
Date filed: 2/2/2023, 02:03 PM
Previous filing: Sep 14, 2022
Next filing: Apr 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LAKE	Common Stock, par value $.01 per share	Options Exercise		+749	+0.64%		118K	Jan 31, 2023	Direct	F1
transaction	LAKE	Common Stock, par value $.01 per share	Tax liability	-$3.26K	-225	-0.19%	$14.48	118K	Jan 31, 2023	Direct

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	Options Exercise	$0	-749	-50%	$0.00	749	Jan 31, 2023	Common Stock	749		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2	On June 16, 2021, the reporting person was granted 2,246 RSUs. 748 of the RSUs vested on June 16, 2022, another 749 of the RSUs vested on January 31, 2023 and the remaining 1/3 of the RSUs will vest 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 RSUs are part of a larger grant of RSUs, the vesting of the remainder of which is subject to achievement of certain performance conditions, as well as continued service through the vesting date.

Content

Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

On June 16, 2021, the reporting person was granted 2,246 RSUs. 748 of the RSUs vested on June 16, 2022, another 749 of the RSUs vested on January 31, 2023 and the remaining 1/3 of the RSUs will vest 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 RSUs are part of a larger grant of RSUs, the vesting of the remainder of which is subject to achievement of certain performance conditions, as well as continued service through the vesting date.