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

May 18, 2021

30981_dirs_2021-05-17_d742223b-14ec-4d32-95ca-e3b0c2c02e82.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: 2021-05-13

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
2021-05-13 Common Stock M 161559 $45.03 Acquired 15465143 Direct
2021-05-13 Common Stock M 55129 $41.88 Acquired 15520302 Direct
2021-05-13 Common Stock M 124191 $49.38 Acquired 15644493 Direct
2021-05-13 Common Stock M 42585 $54.21 Acquired 15687078 Direct
2021-05-13 Common Stock M 37834 $61.85 Acquired 15724912 Direct
2021-05-13 Common Stock M 9554 $47.1 Acquired 15734466 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-13 Stock option (right to buy) $45.03 M 161559 Disposed 2021-05-14 Common Stock (161559) Direct
2021-05-13 Stock option (right to buy) $41.88 M 55129 Disposed 2021-05-14 Common Stock (55129) Direct
2021-05-13 Stock option (right to buy) $49.38 M 124191 Disposed 2021-05-14 Common Stock (124191) Direct
2021-05-13 Stock option (right to buy) $54.21 M 42585 Disposed 2021-05-14 Common Stock (42585) Direct
2021-05-13 Stock option (right to buy) $61.85 M 37834 Disposed 2021-05-14 Common Stock (37834) Direct
2021-05-13 Stock option (right to buy) $47.1 M 9554 Disposed 2021-05-14 Common Stock (9554) 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: 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.

F4: 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.

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

F6: Immediately.

F7: Not applicable.

F8: Reflects adjustment in connection with Mr. Wexner stepping down as CEO.