Bath & Body Works, Inc. — Director's Dealing 2020

Nov 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: L Brands, Inc. (LB)
CIK: 0000701985
Period of Report: 2020-10-02

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
2020-10-02	Common Stock	G	1372664	—	Disposed	6111181	Indirect
2020-10-07	Common Stock	G	343166	—	Acquired	343166	Indirect
2020-10-07	Common Stock	G	343166	—	Acquired	343166	Indirect
2020-10-07	Common Stock	G	343166	—	Acquired	343166	Indirect
2020-10-07	Common Stock	G	343166	—	Acquired	343166	Indirect
2020-10-07	Common Stock	G	352941	—	Disposed	10814206	Direct
2020-10-07	Common Stock	G	352941	—	Acquired	352941	Indirect
2020-10-07	Common Stock	G	352941	—	Disposed	15363754	Direct
2020-10-07	Common Stock	G	352941	—	Acquired	352941	Indirect
2020-11-15	Common Stock	M	1260	—	Acquired	15365014	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-15	Restricted Share Units	$	M	1260	Disposed	2023-01-19	Common Stock (1260)	Direct

Footnotes

F1: Gift of shares by The Linden West Trust to its beneficiaries, the children of Leslie H. Wexner ("Mr. Wexner") and Abigail S. Wexner ("Mrs. Wexner") on 10/2/2020, who then gifted the shares to four separate trusts on 10/7/2020.

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: Owned by Mrs. Wexner indirectly. Owned by Mr. Wexner indirectly, through Mrs. Wexner.

F7: Gift of shares by Mrs. Wexner to Linden East II trust.

F8: Owned by Mrs. Wexner directly. Owned by Mr. Wexner indirectly, through Mrs. Wexner.

F9: Gift of shares by Mr. Wexner to Linden West II trust.

F10: Partial vesting and settlement of restricted share units granted to Mr. Wexner on 1/29/2020 ("RSUs"), and forfeiture of 13,856 RSUs.

F11: The RSUs confer no voting rights, may not be sold, and automatically settle for an equivalent number of shares of common stock of the Issuer on the vesting date.