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Bath & Body Works, Inc. Director's Dealing 2021

Jul 20, 2021

30981_dirs_2021-07-20_4a7e01e8-1249-4a6c-8c67-0594cf3c2f38.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: 2021-07-19

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
2021-06-28 Common Stock G 10814206 Disposed 0 Direct
2021-06-28 Common Stock G 10814206 Acquired 28001096 Direct
2021-07-19 Common Stock S 5958809 $73.01 Disposed 0 Indirect
2021-07-19 Common Stock S 13001096 $73.01 Disposed 15000000 Direct
2021-07-19 Common Stock S 10000000 $73.01 Disposed 5000000 Direct

Footnotes

F1: Gift of shares from Abigail S. Wexner ("Mrs. Wexner") to Leslie H. Wexner ("Mr. Wexner").

F2: Not applicable. No consideration in exchange.

F3: Owned by Mrs. Wexner directly. Owned by Mr. Wexner indirectly, through Mrs. Wexner.

F4: Owned by Mr. Wexner directly. Owned by Mrs. Wexner indirectly, through Mr. Wexner.

F5: 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.

F6: 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.

F7: Sold to underwriter in a registered public offering.

F8: Comprised of sales of: 127,567 shares by The Linden East Trust; 3,611,181 shares by The Linden West Trust; 141,515 shares by The Beech Trust; 352,941 shares by Linden East II trust; 352,941 shares by Linden West II trust; 343,166 shares by Pine Trust; 343,166 shares by Willow Trust; 343,166 shares by Cedar Trust; and 343,166 shares by Rose Trust. Excludes shares sold by The Wexner Family Charitable Fund because Mr. and Mrs. Wexner do not have a pecuniary interest in such shares, as the charitable fund is a tax exempt organization pursuant to IRC Section 501(c)(3).

F9: Indirectly owned by Mr. Wexner and/or Mrs. Wexner.

F10: Sold to the Issuer.