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Bath & Body Works, Inc. Director's Dealing 2019

Feb 1, 2019

30981_dirs_2019-02-01_f458ab49-7103-4b8f-8399-e8e7d5dc7b29.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: 2019-01-30

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
2018-12-28 Common Stock G 960000 Disposed 17345083 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-01-30 Stock option (right to buy) $27.51 A 40894 Acquired 2029-01-30 Common Stock (40894) Direct

Footnotes

F1: Gift by Leslie H. Wexner ("Mr. Wexner").

F2: Not applicable.

F3: Owned by Mr. Wexner directly. Owned by Abigail S. Wexner ("Mrs. Wexner") indirectly, through Mr. Wexner.

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: 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.

F6: Stock option granted by Issuer to Mr. Wexner.

F7: The option vests in installments as follows: 1/30/2021 - 8,179 shares; 1/30/2022 - 8,179 shares; 1/30/2023 - 12,268 shares; and 1/30/2024 -12,268 shares, subject to earlier forfeiture or acceleration.