Form 4 for LAKE LAKELAND INDUSTRIES INC

Accepted 2023-02-02 00:00:00 ET · period of report 2023-01-31 · accession 0001654954-23-001217 · 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	2023-02-02	2023-01-31	LAKE	DILLARD ALLEN E	COO, CFO	M - OptEx	—	+1,641	33.6K	+5%	—
D	2023-02-02	2023-01-31	LAKE	DILLARD ALLEN E	COO, CFO	F - Tax	$14.48	-492	33.1K	-1%	-$7,124
D	2023-02-02	2023-01-31	LAKE	DILLARD ALLEN E	COO, CFO	M - OptEx	$0.00	-1,641	1,641	-50%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, par value $.01 per share	2023-01-31	M	A	1,641	—	33,560	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	2023-01-31	F	D	492	$14.48	33,068	D	—	—
3	Derivative	Restricted Stock Units	2023-01-31	M	D	1,641	$0.00	1,641	D	— · — to —	1,641 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 4,923 RSUs. 1,641 of the RSUs vested on June 16, 2022, another 1,641 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.