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

May 31, 2013

30981_dirs_2013-05-30_32d67508-cf33-4bd5-bd7e-c91ae3ef6c4d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: L Brands, Inc. (LTD)
CIK: 0000701985
Period of Report: 2013-05-28

Reporting Person: Burgdoerfer Stuart B (EVP & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-28 Common Stock, $0.50 par value M 35338.0000 $6.5529 Acquired 147726.0000 Direct
2013-05-28 Common Stock, $0.50 par value M 18788.0000 $19.2892 Acquired 166514.0000 Direct
2013-05-28 Common Stock, $0.50 par value M 10550.0000 $12.8796 Acquired 177064.0000 Direct
2013-05-28 Common Stock, $0.50 par value M 7980.0000 $28.1821 Acquired 185044.0000 Direct
2013-05-28 Common Stock, $0.50 par value M 4143.0000 $20.2308 Acquired 189187.0000 Direct
2013-05-28 Common Stock, $0.50 par value S 86799.0000 $49.9300 Disposed 102388.0000 Direct
2013-05-29 Common Stock, $0.50 par value G 2000.0000 $0.0000 Disposed 100388.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-05-28 Stock Option - Right to Buy $6.5529 M 35338.0000 Disposed 2019-03-31 Common Stock, $0.50 par value (35338.0000) Direct
2013-05-28 Stock Option - Right to Buy $19.2892 M 18788.0000 Disposed 2020-03-31 Common Stock, $0.50 par value (18788.0000) Direct
2013-05-28 Stock Option - Right to Buy $28.1821 M 7980.0000 Disposed 2021-03-31 Common Stock, $0.50 par value (7980.0000) Direct
2013-05-28 Stock Option - Right to Buy $12.8796 M 10550.0000 Disposed 2018-03-31 Common Stock, $0.50 par value (10550.0000) Direct
2013-05-28 Stock Option - Right to Buy $20.2308 M 4143.0000 Disposed 2017-04-09 Common Stock, $0.50 par value (4143.0000) Direct

Footnotes

F1: Price represents a weighted average of the sale price. Shares were sold at prices ranging from $49.74 to $50.04. 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: Previously reported stock option has been adjusted to reflect a special stock dividend declared by the Issuer and exempt pursuant to Rule 16a-9.

F3: Option vests 1/3 per year beginning on the first anniversary of the date of grant.

F4: 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.