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LANDS' END, INC. — Director's Dealing 2015
Jun 9, 2015
32951_dirs_2015-06-09_d0b9a891-f90d-4ae8-a3f6-da13bc118d4a.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: 2015-06-05
Reporting Person: Rado Steven G. (SVP, Chief Marketing Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-05 | Restricted Stock Units | $0.0 | F | 1310 | Disposed | Common Stock (1310.0) | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs") surrendered to the company for payment of the reporting person's tax withholding obligation incurred in connection with the vesting of the RSUs on May 20, 2015 ("Initial Vesting Date") and the approval of the Lands' End, Inc. Stock Plan, as amended, by the company's stockholders on June 5, 2015.
F2: The RSUs were granted in 2014 and vest over a three-year period, subject to the achievement of performance goals, which were satisfied, and other conditions. RSUs that vested on the Initial Vesting Date shall be settled within 30 days after May 20, 2016.