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LANDS' END, INC. — Director's Dealing 2014
Jun 20, 2014
32951_dirs_2014-06-20_10b5dd36-64c4-4951-a02b-0489c5e83171.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2014-05-20
Reporting Person: HUBER EDGAR O. (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-20 | Common Stock | A | 74822 | — | Acquired | 76437 | 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 over three years, with 25% vesting on the first anniversary of the grant date, an additional 25% on the second anniversary of the grant date, and the remaining 50% vesting on the third anniversary of the grant date. Subject to such vesting provisions, settlement of 50% of the restricted stock units will occur on the second anniversary of the grant date and the remaining 50% on the third anniversary of the grant date.
F3: Amended to include 1,615 shares received earlier as part of the spin-off from Sears Holdings Corporation in a transaction exempt pursuant to Rule 16a-9(a).