LANDS' END, INC. — Director's Dealing 2015

May 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2015-05-01

Reporting Person: Marchionni Federica (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-01	Restricted Stock Units	$0.0	A	11943	Acquired		Common Stock (11943.0)	Direct

Footnotes

F1: These are time-based restricted stock units (RSUs) that will vest in full on May 1, 2018, subject to satisfaction of vesting conditions, including continued employment. Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.

F2: Includes 76,751 shares of common stock that are subject to previously awarded unvested restricted stock units.