LANDS' END, INC. — Director's Dealing 2017

Dec 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2017-12-19

Reporting Person: GOOCH JAMES F (EVP, COO & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-19	Common Stock	M	4226	—	Acquired	6405	Direct
2017-12-19	Common Stock	F	1953	$19.70	Disposed	4452	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-19	Restricted Stock Units	$0.0	M	4226	Disposed		Common Stock (4226.0)	Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represented a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.

F2: Represents shares surrendered to the issuer for payment of the reporting person's tax withholding obligation incurred in connection with the vesting of RSUs on December 19, 2017.

F3: This RSU award was granted on December 19, 2016, with vesting in two annual installments on December 19, 2017 (50%) and December 19, 2018 (50%).

F4: Of the total number of RSUs, 12,940 vest in three annual installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%); 6,579 vest on May 1, 2018; 4,225 vest on December 19. 2018; 3,186 vest on May 2, 2018; 6,373 vest on May 2, 2019; and 15,953 vest in three installments on January 27, 2018 (25%), January 27, 2019 (25%) and January 27, 2020 (50%), subject in each case to the satisfaction of vesting conditions, including continued employment.