July 11, 2025 · Form 4 insider transaction
Phillips Barry G bought 363 shares of LAKE at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock, par value $.01 per share, of the Issuer. These RSUs represent a 30% premium on the amount of salary the reporting person has elected to receive in lieu of cash, as explained in the first footnote above. The number of RSUs granted is based on a per share value of $14.31, the closing price of the Issuer's 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.