DILLARD ALLEN E 4
4 · LAKELAND INDUSTRIES INC · Filed Jun 21, 2022
Insider Transaction Report
Form 4
DILLARD ALLEN E
Chief Financial Officer
Transactions
- Tax Payment
Common Stock, par value $.01 per share
2022-06-16$15.80/sh−492$7,774→ 29,919 total - Exercise/Conversion
Restricted Stock Units
2022-06-16−1,641→ 3,282 total→ Common Stock (1,641 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2022-06-16+1,641→ 30,411 total
Footnotes (2)
- [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 1/3 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.