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LANDS' END, INC. — Director's Dealing 2014
Aug 13, 2014
32951_dirs_2014-08-13_0c56b8c8-3ccc-4be9-8d97-bccd744807ae.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2014-08-11
Reporting Person: WILLIAMS DORIAN R. (SVP/ Gen. Counsel/ Corp. Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-11 | Common Stock | A | 9118 | — | Acquired | 9458 | Direct |
Footnotes
F1: Restricted stock units issued under the Lands' End, Inc. Restricted Stock Unit Agreement. Each restricted stock unit represents a contingent right to receive one share of Lands' End, Inc. common stock, subject to vesting.
F2: Subject to Lands' End, Inc. achieving certain minimum earnings, the restricted stock units will vest 25% on May 20, 2015, an additional 25% on May 20, 2016, and the remaining 50% on May 20, 2017. Subject to such vesting provisions, settlement of 50% of the restricted stock units will occur on May 20, 2016 and the remaining 50% on May 20, 2017.