Bath & Body Works, Inc. — Director's Dealing 2013

Sep 6, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: L Brands, Inc. (LTD)
CIK: 0000701985
Period of Report: 2013-09-03

Reporting Person: McGuigan Charles (Pres Global Sourcing&Logistics)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-03	Common Stock, $0.50 par value	F	818.0000	$57.4300	Disposed	70114.0000	Direct
2013-09-05	Common Stock, $0.50 par value	M	13482.0000	$28.1821	Acquired	83596.0000	Direct
2013-09-05	Common Stock, $0.50 par value	S	15538.0000	$57.8100	Disposed	68058.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-05	Stock Option - Right to Buy	$28.1821	M	13482.0000	Disposed	2021-03-31	Common Stock, $0.50 par value (13482.0000)	Direct

Footnotes

F1: Price represents a weighted average of the sale price. Shares were sold at prices ranging from $57.18 to $58.02. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.

F2: Option vests 20% on each of the second and third anniversaries of the date of grant and 30% on each of the fourth and fifth anniversaries of the date of grant.