other
confidence high
sentiment neutral
materiality 0.55
Lakeland Industries grants performance-based PSUs to executives with revenue and EBITDA targets
LAKELAND INDUSTRIES INC
- PSUs vest based on achieving total revenue $258.7M, Fire Services revenue $161.8M, and Adj. EBITDA $47.1M by Jan 31, 2031.
- Target PSUs: CEO Jim Jenkins 63,960; CFO Roger Shannon 48,197; COO Helena An 32,646; others.
- Maximum payout is 120% of target; threshold is 80% of each measure; forfeiture if not met.
- Vesting conditioned on continued employment through certification date.