Joshua J. Sletten - 14 Jun 2023 Form 3/A - Amendment Insider Report for LAKELAND INDUSTRIES INC (LAKE)

Role
VP Corp Development & Strategy
Signature
/s/ Roger D. Shannon, Attorney-in-Fact
Issuer symbol
LAKE
Transactions as of
14 Jun 2023
Net transactions value
$0
Form type
3/A - Amendment
Filing time
26 Jun 2023, 18:05:01 UTC
Date Of Original Report
23 Jun 2023
Next filing
22 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LAKE Common Stock, par value $.01 per share 16,973 14 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 1,777 shares held directly by the Reporting Person; (ii) 537 time-based Restricted Stock Units, each of which represents a contingent right to receive one share of the Issuer's common stock ("RSUs"), which will vest on January 31, 2024; (iii) 1,245 time-based RSUs, which will vest in installments of 622 RSUs on January 31, 2024 and 623 RSUs on January 31, 2025; (iv) 2,414 time-based RSUs, which will vest in installments of 804 RSUs on April 6, 2024, 805 RSUs on January 31, 2025 and 805 RSUs on January 31, 2026; (v) 10,000 time-based RSUs, which will vest on April 6, 2026; and (vi) 1,000 time-based RSUs, which will vest on August 15, 2023. The vesting of all time-based RSUs is contingent on the Reporting Person's continuous service through the applicable vesting date.

Remarks:

The Reporting Person's orginal Form 3 omitted 1,000 time-based RSUs, which are scheduled to vest on August 15, 2023, from his holdings reflected in Table I. The total reported in Table I of this amendment reflects such additional RSUs.