SC 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment No.3) Lakeland Industries, Inc. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par vaule $.01 -------------------------------------------------------------------------------- (Title of Class of Securities) 511795 -------------------------------------------------------------------------------- (CUSIP Number) June 18, 2004 -------------------------------------------------------------------------------- (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-(c) [X] Rule 13d-1(d) ---------- (1) 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 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). -------------------------------------------------------------------------------- CUSIP No. 511795 13G Page 2 of 6 Pages -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Raymond J. Smith -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] -------------------------------------------------------------------------------- 3. SEC USE ONLY -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION U.S. -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES 435,903 ----------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 ----------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 435,903 ----------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 0 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 435,903 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.0% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- CUSIP No. 511795 13G Page 3 of 6 Pages -------------------------------------------------------------------------------- Item 1(a). Name of Issuer: Lakeland Industries, Inc. -------------------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: 711-2 Koehler Avenue Ronkonkoma, New York 11779 -------------------------------------------------------------------------------- Item 2(a). Name of Person Filing: Raymond J. Smith -------------------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: c/o Lakeland Industries, Inc. 711-2 Koehler Avenue Ronkonkoma, New York 11779 -------------------------------------------------------------------------------- Item 2(c). Citizenship: United States -------------------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock $.01 par value per share -------------------------------------------------------------------------------- Item 2(e). CUSIP Number: 511795 -------------------------------------------------------------------------------- CUSIP No. 511795 13G Page 4 of 6 Pages -------------------------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: If this statement is filed pursuant to Rule 13d-1(c), check this box. [_] (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). 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: 435,903 -------------------------------------------------------------------------------- CUSIP No. 511795 13G Page 5 of 6 Pages -------------------------------------------------------------------------------- (b) Percent of class: 10.0% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 435,903 (ii) Shared power to vote or to direct the vote 0. (iii) Sole power to dispose or to direct the disposition of 435,903 (iv) Shared power to dispose or to direct the disposition of 0. -------------------------------------------------------------------------------- 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 perosn has ceased to be the beneficial owner of more than five percent of the class of securities, checking the following [ ]. -------------------------------------------------------------------------------- Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not applicable. -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- CUSIP No. 511795 13G Page 6 of 6 Pages -------------------------------------------------------------------------------- Item 9. Notice of Dissolution of Group. Not applicable -------------------------------------------------------------------------------- Item 10. Certification. Not applicable. 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. June 18, 2004 ---------------------------------------- (Date) /s/ Raymond J. Smith ---------------------------------------- Raymond J. Smith Raymond J. Smith ---------------------------------------- (Name/Title)