Jeffrey T Schlarbaum, an insider of Lakeland Industries, just received 2,994 restricted shares from the company. The restricted shares don't become available to Schlarbaum until such time as they become vested. Schlarbaum now owns at least 2,994 restricted shares of the company.
Some additional info was provided as follows:
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 on the first anniversary of the date of grant; provided that, the reporting person remains in continuous service through the vesting date.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Lakeland: Press Release Dated October 19, 2021 - Oct. 20, 2021