Roger D. Shannon - 04 Apr 2024 Form 4 Insider Report for LAKELAND INDUSTRIES INC (LAKE)

Role: Chief Financial Officer
Signature: /s/ Roger D. Shannon
Issuer symbol: LAKE
Transactions as of: 04 Apr 2024
Net transactions value: $0
Form type: 4
Filing time: 08 Apr 2024, 16:00:56 UTC
Previous filing: 02 Apr 2024
Next filing: 04 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LAKE	Common Stock, par value $.01 per share	Award	$0	+7,805	+87%	$0.000000	16,758	04 Apr 2024	Direct	F1
transaction	LAKE	Common Stock, par value $.01 per share	Award	$0	+1,581	+9.4%	$0.000000	18,339	04 Apr 2024	Direct	F2
transaction	LAKE	Common Stock, par value $.01 per share	Award	$0	+12,500	+68%	$0.000000	30,839	04 Apr 2024	Direct	F2

* 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 ("RSUs") which represent a contingent right to receive one share of common stock, par value $.01 per share, of the issuer for each RSU. The RSUs vest 1/3 on the first anniversary of the date of grant, 1/3 on January 31, 2026 and 1/3 on January 31, 2027; provided, however, that the reporting person remains in continuous service through the vesting date.
F2	The RSUs vest in full on the third anniversary of the date of grant; provided, however, that the reporting person remains in continuous service through the vesting date.

Content

The reporting person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of common stock, par value $.01 per share, of the issuer for each RSU. The RSUs vest 1/3 on the first anniversary of the date of grant, 1/3 on January 31, 2026 and 1/3 on January 31, 2027; provided, however, that the reporting person remains in continuous service through the vesting date.

The RSUs vest in full on the third anniversary of the date of grant; provided, however, that the reporting person remains in continuous service through the vesting date.