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LANDS' END, INC. — Director's Dealing 2017
May 3, 2017
32951_dirs_2017-05-03_6f0ff83d-be29-4755-b01d-23e6b004f2bd.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: Boitano Joseph M. (EVP, Chief Merch. & Design)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-02 | Common Stock | M | 2192 | — | Acquired | 2192 | Direct |
| 2017-05-02 | Common Stock | F | 866 | $24.05 | Disposed | 1326 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-01 | Restricted Stock Units | $0.0 | A | 8903 | Acquired | Common Stock (8903.0) | Direct | |
| 2017-05-02 | Restricted Stock Units | $0.0 | M | 2192 | Disposed | Common Stock (2192.0) | 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%).