Lakeland Industries, Inc. (NASDAQ:LAKE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Effective as of March 10, 2017, Stephen M. Bachelder retired as Chief Operating Officer of Lakeland Industries, Inc. (the “Company”). Mr. Bachelder will continue to serve as a member of the Company’s board of directors (the “Board”). The Board has agreed that the outstanding performance-based restricted stock awarded to Mr. Bachelder on July 27, 2015 to the Company’s 2015 Stock Plan, which vest on July 27, 2017, shall continue to vest to its terms, subject to Mr. Bachelder’s continued service as a director of the Company.
About Lakeland Industries, Inc. (NASDAQ:LAKE)
Lakeland Industries, Inc. (Lakeland) manufactures and sells a line of safety garments and accessories for the industrial and public protective clothing market. The Company’s product categories include limited use/disposable protective clothing; high-end chemical protective suits; firefighting, flame resistant personal protective equipment (FR PPE) and heat protective apparel; reusable woven garments; high visibility clothing, and glove and sleeves. The Company’s products are sold by its in-house customer service group, its regional sales managers and independent sales representatives to a network of over 1,200 North American safety and mill supply distributors. These distributors in turn supply end user industrial customers, such as integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, mortuaries and high technology electronics manufacturers, as well as scientific and medical laboratories. Lakeland Industries, Inc. (NASDAQ:LAKE) Recent Trading Information
Lakeland Industries, Inc. (NASDAQ:LAKE) closed its last trading session 00.00 at 10.00 with 9,374 shares trading hands.