0001214659-24-001933.txt : 20240205 0001214659-24-001933.hdr.sgml : 20240205 20240205162256 ACCESSION NUMBER: 0001214659-24-001933 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240205 DATE AS OF CHANGE: 20240205 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LAKELAND INDUSTRIES INC CENTRAL INDEX KEY: 0000798081 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 133115216 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39049 FILM NUMBER: 24596027 BUSINESS ADDRESS: STREET 1: 1525 PERIMETER PARKWAY, SUITE 325 CITY: HUNTSVILLE STATE: AL ZIP: 35806 BUSINESS PHONE: 800-645-9291 MAIL ADDRESS: STREET 1: 1525 PERIMETER PARKWAY, SUITE 325 CITY: HUNTSVILLE STATE: AL ZIP: 35806 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Private Capital Management, LLC CENTRAL INDEX KEY: 0001588456 ORGANIZATION NAME: IRS NUMBER: 463167283 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 8889 PELICAN BAY BOULEVARD, SUITE 500 CITY: NAPLES STATE: FL ZIP: 34108 BUSINESS PHONE: 239-254-2500 MAIL ADDRESS: STREET 1: 8889 PELICAN BAY BOULEVARD, SUITE 500 CITY: NAPLES STATE: FL ZIP: 34108 SC 13G/A 1 lake25240sc13ga3.htm AMENDMENT NO. 3

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

 

Lakeland Industries, Inc.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)

 

  511795106  
  (CUSIP Number)  
 
December 31, 2023
(Date of Event Which Requires Filing of This Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

   ☒ Rule 13d-1(b)
     
   ☐ Rule 13d-1(c)
     
   ☐ Rule 13d-1(d)

 

 

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

Page 1 of 6 pages 

 

 

CUSIP No.  511795106
1

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Private Capital Management, LLC (46-3167283)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)

 

 

(a)

(b)

3

SEC USE ONLY

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH REPORTING

PERSON WITH:

5

SOLE VOTING POWER

 

502,907

6

SHARED VOTING POWER*

 

758,173

7

SOLE DISPOSITIVE POWER

 

502,907

8

SHARED DISPOSITIVE POWER

 

758,173

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON**

 

1,261,080

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

17.12%

12

TYPE OF REPORTING PERSON (see instructions)

 

IA

         

 

 Page 2 of 6 pages 

 

 

Item 1(a). Name of Issuer:
   
   Lakeland Industries, Inc.
   
Item 1(b). Address of Issuer’s Principal Executive Offices:
   
   1525 Perimeter Parkway, Suite 325, Huntsville, AL 35806
   
Item 2(a). Name of Person Filing:
   
   Private Capital Management, LLC
   
Item 2(b). Address of Principal Business Office or, if none, Residence:
     
   8889 Pelican Bay Boulevard, Suite 500, Naples, Florida 34108
   
Item 2(c). Citizenship:
   
   USA
   
Item 2(d). Title of Class of Securities:
   
   Common Stock
   
Item 2(e). CUSIP Number:  511795106

 

 

 Page 3 of 6 pages 

 

  

Item 3. If this Statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
  (a) o Broker or dealer registered under Section 15 of the Act;
  (b) o Bank as defined in Section 3(a)(6) of the Act;
  (c) o Insurance company as defined in Section 3(a)(19) of the Act;
  (d) x Investment company registered under Section 8 of the Investment Company Act of 1940;
  (e) o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
  (f) o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
  (g) o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
  (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
  (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
  (j) o A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
  (k) o Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:      

 

Item 4. Ownership.
  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
   (a) Amount Beneficially Owned**: 1,261,080
   (b) Percent of Class: 17.12%
   (c) Number of shares as to which such person has:
      (i) sole power to vote or to direct the vote: 502,907
      (ii) shared power to vote or to direct the vote*: 758,173
      (iii) sole power to dispose or to direct the disposition of: 502,907
      (iv) shared power to dispose or to direct the disposition of: 758,173

 

 Page 4 of 6 pages 

 

  

Item 5. Ownership of Five Percent or Less of a Class.
   
   If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.
   
   No
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
   
   Not applicable.
   
Item 8. Identification and Classification of Members of the Group.
   
   Not applicable.
   
Item 9. Notice of Dissolution of Group.
   
   Not applicable.
   
Item 10. Certification.
   
   By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of and do not have the effect of changing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect for the time being.

 

 

 

*PCM exercises shared voting authority with respect to shares held by those PCM clients that have delegated proxy voting authority to PCM. Such delegation may be granted or revoked at any time at the client's discretion.

 

 

**PCM disclaims beneficial ownership of shares over which it has dispositive power and disclaims the existence of a group.

 

 Page 5 of 6 pages 

 

  

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

  02/5/24  
  Date  
     
  /s/ Chad D. Atkins  
  Signature  
     
  Chad D. Atkins, President  
  Name/Title  

 

 

Page 6 of 6 pages