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

Mar 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2017-03-23

Reporting Person: Griffith Jerome (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-23	Common Stock	P	1437	$19	Acquired	21222	Direct
2017-03-24	Common Stock	P	9185	$19.49	Acquired	30407	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0.0		Common Stock (117647.0)	117647	Direct
Employee Stock Option (right to buy)	$18.1	2027-03-06	Common Stock (294118.0)	294118	Direct

Footnotes

F1: This price represents the approximate weighted average price per share of common stock of Lands' End, Inc. (the "Issuer"), par value $0.01 per share ("Shares"), of purchases that were executed at prices ranging from $19.40 to $19.50 per Share. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the price per Share and the number of Shares purchased at each price.

F2: These are time-based restricted stock units (RSUs) that will vest in four equal annual installments beginning on March 6, 2018, subject to certain vesting conditions and acceleration events. Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the vesting considerations.

F3: The option vests in four equal annual installments beginning on March 6, 2018, subject to vesting conditions and acceleration events.