AI assistant
LANDS' END, INC. — Director's Dealing 2014
May 23, 2014
32951_dirs_2014-05-23_bb834e40-fcd9-4857-9a6a-94f1b3cb3b5d.zip
Director's Dealing
Open in viewerOpens in your device viewer
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 | 74822 | 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.