DILLARD ALLEN E 4
4 · LAKELAND INDUSTRIES INC · Filed Jun 21, 2021
Insider Transaction Report
Form 4
DILLARD ALLEN E
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2021-06-16+4,923→ 21,523 totalExercise: $0.00→ Common Stock (4,293 underlying)
Footnotes (2)
- [F1]The reporting person was granted restricted stock units ("RSU") which represents a contingent right to receive one share of Common Stock, par value $.01 per share, of the issuer for each RSU. The RSU's vest 1/3 on the first anniversary of the date of grant, 1/3 at the end of the second year of the performance period and 1/3 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 RSU's are part of a larger grant of RSU's, the vesting of the remainder of which is subject to achievement of certain performance conditions, as well as continued service through the vesting date.
- [F2]Includes 16,600 stock options that were previously reported.