LANDS' END, INC. — Director's Dealing 2018

Dec 10, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2018-12-07

Reporting Person: Hong Gill Brown (EVP, CMO & Head of Intl.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-07	Common Stock	M	1644	—	Acquired	5069	Direct
2018-12-07	Common Stock	F	527	$15.08	Disposed	4542	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-07	Restricted Stock Units	$0.0	M	1644	Disposed		Common Stock (1644.0)	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 December 7, 2018.

F3: This RSU award was granted on December 7, 2017, with vesting in three annual installments on December 7, 2018 (25%), December 7, 2019 (25%) and December 7, 2020 (50%).

F4: Of the total number of RSUs, 10,273 RSUs will vest in three annual installments on March 26, 2019 (25%), March 26, 2020 (25%) and March 26, 2021 (50%); 1,644 RSUs will vest on December 7, 2019; and 3,290 RSUs will vest on December 7, 2020; subject in each case to the satisfaction of vesting conditions, including continued employment.