ROBERSON CHARLES D 4
4 · LAKELAND INDUSTRIES INC · Filed Jun 21, 2022
Insider Transaction Report
Form 4
ROBERSON CHARLES D
VP International Sales
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2022-06-16+2,879→ 56,428 total - Tax Payment
Common Stock, par value $.01 per share
2022-06-16$15.80/sh−1,152$18,202→ 55,276 total - Exercise/Conversion
Restricted Stock Units
2022-06-16−2,879→ 5,758 total→ Common Stock (2,879 underlying)
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 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.