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Bath & Body Works, Inc. Director's Dealing 2017

Apr 10, 2017

30981_dirs_2017-04-10_3ead0c86-455d-4f42-8c5d-d7125c571b05.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: L Brands, Inc. (LB)
CIK: 0000701985
Period of Report: 2017-04-06

Reporting Person: Wexner Leslie H. (N/A)
Reporting Person: WEXNER ABIGAIL S (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-04-06 Common Stock M 238951 $12.0776 Acquired 16698975 Direct
2017-04-06 Common Stock M 384567 $6.1448 Acquired 17083542 Direct
2017-04-06 Common Stock M 127639 $18.088 Acquired 17211181 Direct
2017-04-06 Common Stock M 305224 $23.6382 Acquired 17516405 Direct
2017-04-06 Common Stock M 87361 $26.4271 Acquired 17603766 Direct
2017-04-06 Common Stock M 202039 $35.7103 Acquired 17805805 Direct
2017-04-06 Common Stock M 55572 $41.5439 Acquired 17861377 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-04-06 Stock option (right to buy) $12.0776 M 238951 Disposed 2018-03-31 Common Stock (238951) Direct
2017-04-06 Stock option (right to buy) $6.1448 M 384567 Disposed 2019-03-31 Common Stock (384567) Direct
2017-04-06 Stock option (right to buy) $18.088 M 127639 Disposed 2020-03-31 Common Stock (127639) Direct
2017-04-06 Stock option (right to buy) $23.6382 M 305224 Disposed 2021-01-27 Common Stock (305224) Direct
2017-04-06 Stock option (right to buy) $26.4271 M 87631 Disposed 2021-03-31 Common Stock (87631) Direct
2017-04-06 Stock option (right to buy) $35.7103 M 202039 Disposed 2022-01-26 Common Stock (202039) Direct
2017-04-06 Stock option (right to buy) $41.5439 M 55572 Disposed 2022-03-30 Common Stock (55572) Direct

Footnotes

F1: Stock option exercised by Leslie H. Wexner ("Mr. Wexner").

F2: Owned by Mr. Wexner directly. Owned by Abigail S. Wexner ("Mrs. Wexner") indirectly, through Mr. Wexner.

F3: Mr. Wexner and Mrs. Wexner disclaim beneficial ownership of all indirectly owned securities reported on this Form in excess of their respective pecuniary interests therein.

F4: See Exhibit 99.1 for a table of all non-derivative shares of the Issuer beneficially owned directly or indirectly by Mr. Wexner and Mrs. Wexner.

F5: Reflects adjustments from antidilution etc. pursuant to the Issuer's stock plan.

F6: The Issuer originally granted 168,772 stock options to Mr. Wexner with an exercise price of $17.10 per share pursuant to the Issuer's stock plan. The options vested in original installments as follows: 3/31/09 - 42,193 shares; 3/31/10 - 42,193 shares; 3/31/11 - 42,193 shares; and 3/31/12 - 42,193 shares.

F7: The Issuer originally granted 271,620 stock options to Mr. Wexner with an exercise price of $8.70 per share pursuant to the Issuer's stock plan. The options vested in original installments as follows: 3/31/10 - 90,540 shares; 3/31/11 - 90,540 shares; and 3/31/12 - 90,540 shares.

F8: The Issuer originally granted 93,777 stock options to Mr. Wexner with an exercise price of $24.62 per share pursuant to the Issuer's stock plan. The options vested in original installments as follows: 3/31/11 - 31,259 shares; 3/31/12 - 31,259 shares; and 3/31/13 - 31,259 shares.

F9: The Issuer originally granted 245,325 stock options to Mr. Wexner with an exercise price of $29.41 per share pursuant to the Issuer's stock plan. The options vested in original installments as follows: 1/27/13 - 49,065 shares; 1/27/14 - 49,065 shares; 1/27/15 - 73,598 shares; and 1/27/16 - 73,597 shares.

F10: The Issuer originally granted 72,178 stock options to Mr. Wexner with an exercise price of $31.9875 per share pursuant to the Issuer's stock plan. The options vested in original installments as follows: 3/31/12 - 24,059 shares; 3/31/13 - 24,059 shares; and 3/31/14 - 24,060 shares.

F11: The Issuer originally granted 174,867 stock options to Mr. Wexner with an exercise price of $41.26 per share pursuant to the Issuer's stock plan. The options vested in original installments as follows: 1/26/14 - 34,974 shares; 1/26/15 - 34,973 shares; 1/26/16 - 52,460; and 1/26/17 - 52,460 shares.

F12: The Issuer originally granted 48,100 stock options to Mr. Wexner with an exercise price of $48 per share pursuant to the Issuer's stock plan. The options vested in original installments as follows: 3/30/14 - 9,620 shares; 3/30/15 - 9,620 shares; 3/30/16 - 14,430; and 3/30/17 - 14,430 shares.

F13: Not applicable.