4//SEC Filing
HERRING RONALD N JR 4
Accession 0001654954-25-009051
CIK 0000798081other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 4:10 PM ET
Size
8.6 KB
Accession
0001654954-25-009051
Insider Transaction Report
Form 4
HERRING RONALD N JR
Director
Transactions
- Award
Common Stock, par value $.01 per share
2025-08-01+871→ 12,498 total - Tax Payment
Common Stock, par value $.01 per share
2025-08-01$13.35/sh−133$1,776→ 12,365 total - Award
Common Stock, par value $.01 per share
2025-08-01+261→ 12,626 total
Footnotes (3)
- [F1]The reporting person was granted restricted stock in lieu of a portion of his retainer fees for the remainder of the fiscal year ending January 31, 2026. The reporting person elected to receive $11,625 of his remaining fiscal year 2026 retainer fees in the form of the Issuer's common stock, par value $0.01 per share ("Common Stock"). The number of shares of restricted stock granted is based on a per share value of $13.35, the closing price of the Common Stock on the date of grant. The restricted stock vests on the first anniversary of the date of grant; provided, that the reporting person's service as a director is not terminated for cause prior to the vesting date.
- [F2]Shares withheld by the Issuer to satisfy the reporting person's tax obligation in connection with the grant of restricted stock.
- [F3]The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock. These RSUs represent a 30% premium on the amount of retainer fees the reporting person has elected to receive in the form of equity in lieu of cash, as explained in the first footnote above. The number of RSUs granted is based on a per share value of $13.35, the closing price of the Common Stock on the date of grant. The RSUs vest on the first anniversary of the date of grant; provided, that the reporting person remains in continuous service through the vesting date.
Documents
Issuer
LAKELAND INDUSTRIES INC
CIK 0000798081
Entity typeother
Related Parties
1- filerCIK 0001274974
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 4:10 PM ET
- Size
- 8.6 KB