James M. Jenkins - 01 Jun 2024 Form 4 Insider Report for LAKELAND INDUSTRIES INC (LAKE)

Role
President, CEO & Exec. Chair, Director
Signature
/s/ Roger D. Shannon, by power of attorney
Issuer symbol
LAKE
Transactions as of
01 Jun 2024
Net transactions value
$0
Form type
4
Filing time
04 Jun 2024, 15:30:37 UTC
Previous filing
03 Jun 2024
Next filing
12 Jun 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 +25,000 +73% $0.000000 59,400 01 Jun 2024 Direct F1
transaction LAKE Common Stock, par value $.01 per share Award $0 +14,243 +24% $0.000000 73,643 01 Jun 2024 Direct F2

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 Stock Option (Right to Buy) Award $0 +20,000 $0.000000 20,000 01 Jun 2024 Common Stock, par value $.01 per share 20,000 $18.43 Direct
* 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. These RSUs vest in full on the third anniversary of the date of grant; provided that the reporting person remains in continuous service through the vesting date.
F2 The reporting person was granted 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.