Form 4 for LAKE LAKELAND INDUSTRIES INC
Accepted 2022-06-21 00:00:00 ET · period of report 2022-06-16 · accession 0000899243-22-023386 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-21 | 2022-06-16 | LAKE | ROBERSON CHARLES D | CEO, Pres, Sec, Dir | M - OptEx | — | +2,879 | 56.4K | +5% | — |
| D | 2022-06-21 | 2022-06-16 | LAKE | ROBERSON CHARLES D | CEO, Pres, Sec, Dir | F - Tax | $15.80 | -1,152 | 55.3K | -2% | -$18.2K |
| D | 2022-06-21 | 2022-06-16 | LAKE | ROBERSON CHARLES D | CEO, Pres, Sec, Dir | M - OptEx | $0.00 | -2,879 | 5,758 | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $.01 per share | 2022-06-16 | M | A | 2,879 | — | 56,428 | D | — | — | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock, par value $.01 per share | 2022-06-16 | F | D | 1,152 | $15.80 | 55,276 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2022-06-16 | M | D | 2,879 | $0.00 | 5,758 | D | — · — to — | 2,879 Common Stock | (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 8,637 RSUs. 2,879 of the RSUs vested on June 16, 2022, another 1/3 of the RSUs will vest at the end of the second year of the performance period 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. |