AI assistant
LANDS' END, INC. — Director's Dealing 2017
May 3, 2017
32951_dirs_2017-05-03_7d17f5e1-d9b2-4673-9350-adcfa1e6c846.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2017-05-01
Reporting Person: RITCHIE KELLY (Sr VP Employee-Cust Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-02 | Common Stock | M | 1958 | — | Acquired | 6388 | Direct |
| 2017-05-02 | Common Stock | F | 668 | $24.05 | Disposed | 5720 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-01 | Restricted Stock Units | $0.0 | A | 7950 | Acquired | Common Stock (7950.0) | Direct | |
| 2017-05-02 | Restricted Stock Units | $0.0 | M | 1958 | Disposed | Common Stock (1958.0) | 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%).