UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Amendement (4)
Under the Securities Exchange Act of 1934
Lakeland Industries, Inc.
---------------------------
(Name of Issuer)
Common Stock, $.01 Par Value per share
------------------------------------------
(Title of Class of Securities)
511795106
---------
(CUSIP Number)
Seymour Holtzman
c/o Holtzman Opportunity Fund, L.P.
100 N. Wilkes-Barre Blvd.
Wilkes-Barre, Pennsylvania 18702
(570) 822-6277
--------------
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
April 18, 2008
----------------
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f), or 240.13d-1(g), check
the following box: |_|
* 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 disclosures provided in a prior cover page.
The information required on 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).
SCHEDULE 13D/A
CUSIP No. 511795106
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Seymour Holtzman
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)x
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2 (e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
7 SOLE VOTING POWER
395,661
NUMBER OF 8 SHARED VOTING POWER
SHARES - 0 -
BENEFICIALLY
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH 395,661
REPORTING
PERSON WITH 10 SHARED DISPOSITIVE POWER
-0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.27%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D/A
CUSIP No. 511795106
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Evelyn Holtzman
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)x
3 SEC USE ONLY
4 SOURCE OF FUNDS*
PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2 (e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
7 SOLE VOTING POWER
- 0 -
NUMBER OF 8 SHARED VOTING POWER
SHARES - 0 -
BENEFICIALLY
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH - 0 -
REPORTING
PERSON WITH 10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[X]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D/A
CUSIP No. 511795106
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Holtzman Opportunity Fund, L.P. 20-2923350
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)x
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2 (e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Nevada
7 SOLE VOTING POWER
302,400
NUMBER OF 8 SHARED VOTING POWER
SHARES - 0 -
BENEFICIALLY
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH 302,400
REPORTING
PERSON WITH 10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[X]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.55%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D/A
CUSIP No. 511795106
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SH Independence, LLC 20-2923276
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)x
3 SEC USE ONLY
4 SOURCE OF FUNDS*
NA
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2 (e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Nevada
7 SOLE VOTING POWER
302,400
NUMBER OF 8 SHARED VOTING POWER
SHARES - 0 -
BENEFICIALLY
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH 302,400
REPORTING
PERSON WITH 10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[X]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.55%
14 TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D/A
CUSIP No. 511795106
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Holtzman Financial Advisors, LLC 20-0236486
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)x
3 SEC USE ONLY
4 SOURCE OF FUNDS*
NA
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2 (e)
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Nevada
7 SOLE VOTING POWER
302,400
NUMBER OF 8 SHARED VOTING POWER
SHARES - 0 -
BENEFICIALLY
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH 302,400
REPORTING
PERSON WITH 10 SHARED DISPOSITIVE POWER
- 0 -
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[X]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.55%
14 TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
This Amendment No. 4 amends and supplements the Schedule 13D, dated
March 9, 2007, as amended (the "Schedule 13D"), filed
with the Securities and Exchange Commission by Seymour Holtzman
and others with respect to the common stock, $.01 par value (the
"Common Stock"), of Lakeland Industries, Inc. (the "Issuer"). The
address of the principal offices of the Issuer is 701-7 Koehler
Avenue, Ronkonkoma, NY 11779.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby amended to add the following information:
On April 18, 2008, the Holtzman Opportunity Fund, L.P. delivered a letter to
the Issuer responding to the Issuer's public statements, a copy of which is
attached as exhibit 1. On April 22, 2008, the Holtzman Opportunity Fund,
L.P. sent a letter to the Issuer notifying Issuer that it was withdrawing
its notice of intent to nominate individuals for election to the Issuer's
Board of Directors at the 2008 Annual Meeting of Stockholders, a copy of
which is attached as exhibit 2. The Reporting Persons do not intend to
nominate anyone to the Issuer's Board of Directors at the 2008 Annual
Meeting of Stockholders and do not intend to solict proxies with respect
to that meeting.
Item 5. Interest in Securities of the Issuer.
(a) and (b) As of April 22, 2008, the Reporting Persons owned
an aggregate of 395,661 shares of Common Stock, representing approximately
7.27% of the outstanding shares of Common Stock based upon the 5,443,800
shares of Common Stock reported by the Issuer to be outstanding as of
April 10, 2008 in its Form 10-K filed with the SEC on April 14, 2008 for
the fiscal year ended January 31, 2008.
As of April 22, 2008, Seymour and Evelyn Holtzman beneficially owned an
aggregate of 93,261 shares of Common Stock, representing approximately
1.71% of the outstanding shares of Common Stock.
As of April 22, 2008, Opportunity beneficially owned an aggregate of
302,400 shares of Common Stock, representing approximately 5.55% of the
outstanding shares of Common Stock. By virtue of the relationships described
under Item 2 of this Schedule 13D, Advisors and Independence may be deemed
to have indirect beneficial ownership of the 302,400 shares of Common Stock
held by Opportunity.
As of April 22, 2008, by virtue of the relationships described under
Item 2 of this Schedule 13D, Seymour Holtzman may be deemed to have indirect
beneficial ownership of the 302,400 shares of Common Stock held by
Opportunity. Seymour Holtzman has sole voting and dispositive power over the
93,261 shares of Common Stock beneficially owned by him and his wife and the
302,400 shares owned by Opportunity. Therefore, Seymour Holtzman may
be deemed to benefically own in the aggregate 395,661 shares of Common Stock,
representing approximately 7.27% of the outstanding shares of Common Stock.
Item 7. Material to be Filed as Exhibits.
Exhibit 1. Letter dated April 17, 2008 from Seymour Holtzman of Holtzman
Opportunity Fund, L.P. with (two attachments) delivered to the Issuer on
April 18, 2008.
Exhibit 2. Letter dated April 22, 2008 from Seymour Holtzman of Holtzman
Opportunity Fund, L.P., sent to the Issuer on April 22, 2008.
SIGNATURES
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After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
Statement is true, complete and correct.
Dated: April 22, 2008
Holtzman Opportunity Fund, L.P.
By: Holtzman Financial Advisors, LLC,
its General Partner
By: SH Independence, LLC, its Managing Member
By: /s/ Seymour Holtzman
----------------------------
Name: Seymour Holtzman
Title: Managing Member
Holtzman Financial Advisors, LLC
By: SH Independence, LLC its Managing Member
By: /s/ Seymour Holtzman
----------------------------
Name: Seymour Holtzman
Title: Managing Member
SH Independence, LLC
By: /s/ Seymour Holtzman
----------------------------
Name: Seymour Holtzman
Title: Managing Member
/s/ Seymour Holtzman
-------------------------------
Seymour Holtzman
/s/ Evelyn Holtzman
-------------------------------
Evelyn Holtzman