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LANDS' END, INC. — Director's Dealing 2017
May 10, 2017
32951_dirs_2017-05-10_293f343a-1656-4345-8430-71b1c5f2ddb5.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2017-05-08
Reporting Person: GRAY PETER L (EVP & CAO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0.0 | Common Stock (34091.0) | Direct | ||
| Employee Stock Option (right to buy) | $22.0 | 2027-05-08 | Common Stock (49017.0) | Direct |
Footnotes
F1: Represents (1) 22,727 restricted stock units ("RSUs") that will vest in four equal annual installments beginning on May 8, 2018, and (2) 11,364 RSUs that will vest in three annual installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%), subject in each case to certain vesting conditions. Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the vesting considerations.
F2: The option vests in four equal annual installments beginning on May 8, 2018, subject to certain vesting conditions.