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

May 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: L Brands, Inc. (LB)
CIK: 0000701985
Period of Report: 2021-05-19

Reporting Person: Burgdoerfer Stuart B (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-19	Common Stock, $0.50 par value	A	34378.0000	$0.0000	Acquired	112257.0000	Direct
2021-05-19	Common Stock, $0.50 par value	F	15593.0000	$67.3100	Disposed	96664.0000	Direct

Footnotes

F1: The performance conditions for a portion of performance-based restricted stock units previously granted to Insider were satisfied on May 19, 2021, and such portion was vested and automatically settled for an equivalent number of shares of common stock of the Issuer on such date.

F2: Reflects adjustments from antidilution etc. pursuant to the Issuer's incentive plan.