SEC Form 4 · accession 0001144204-15-035688
LAKELAND INDUSTRIES INC · LAKE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Bachelder
Officer — Chief Operating Officer · Director
Period of report
Jun 3, 2015
Accepted (ET)
Jun 5, 2015 · 11:49 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000798081
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1 | Jun 3, 2015 | M | 1,000 | $8.00 | A | 50,398 | D | |
| Common Stock, par value $.01 per shareF1 | Jun 3, 2015 | F | 870 | $10.25 | D | 49,528 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $8.00 | Jun 3, 2015 | M | 1,000 | D | Dec 20, 2012 | Jun 17, 2015 | Common Stock | 1,000 | 0 | D |
Explanation of responses
- F1Represents 1,000 shares acquired as a result of Reporting Person's exercise of a stock option awarded on June 20, 2012 and an aggregate of 870 shares withheld as part of a cashless exercise of the option and to satisfy Reporting Person's tax withholding obligation.
- F2As previously reported, on June 20, 2012, Reporting Person was granted an option to purchase 1,000 shares of common stock of the Issuer pursuant to the Issuer's Non-employee directors' Option Plan.