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LANDS' END, INC. — Director's Dealing 2017
May 3, 2017
32951_dirs_2017-05-03_e6c7dea8-8dbe-4742-aac4-d724354d596e.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: 2017-05-01
Reporting Person: McCRACKEN BERNARD LOUIS III (VP, Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-02 | Common Stock | M | 701 | — | Acquired | 1951 | Direct |
| 2017-05-02 | Common Stock | F | 283 | $24.05 | Disposed | 1668 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-01 | Restricted Stock Units | $0.0 | A | 2847 | Acquired | Common Stock (2847.0) | Direct | |
| 2017-05-02 | Restricted Stock Units | $0.0 | M | 701 | Disposed | Common Stock (701.0) | 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 May 2, 2017.
F3: These are time-based restricted stock units ("RSUs") that will vest, assuming continued employment, in three annual installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%).
F4: This RSU award was granted on May 2, 2016, with vesting in three annual installments on May 2, 2017 (25%), May 2, 2018 (25%) and May 2, 2019 (50%).