FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DILLARD ALLEN E
2. Issuer Name and Ticker or Trading Symbol

LAKELAND INDUSTRIES INC [ LAKE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

202 PRIDE LANE SW
3. Date of Earliest Transaction (MM/DD/YYYY)

12/22/2020
(Street)

DECATUR, AL 35603
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.01 per share 12/22/2020  M  8300 (1)A$11.17 17657 D  
Common Stock, par value $.01 per share 12/22/2020  F  3603 (1)D$25.73 14054 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $11.17 12/12/2020  M     8300  8/12/2020 8/11/2029 Common Stock 8300 $0 16600 (2)D  

Explanation of Responses:
(1) Represents 8,300 shares acquired as a result of Reporting Person's cashless exercise of a stock option awarded on August 12, 2019 pursuant to which 3,603 shares underlying the stock options were surrendered to the Issuer as payment of the exercise price.
(2) As previously reported, on August 12, 2019, the Reporting Person was awarded a stock option to purchase 24,900 shares of the common stock of the Issuer. These stock options vest in three equal annual installments which began on August 12, 2020, subject to continued employment through the vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
DILLARD ALLEN E
202 PRIDE LANE SW
DECATUR, AL 35603


Chief Financial Officer

Signatures
/s/ Allen E. Dillard12/23/2020
**Signature of Reporting PersonDate

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