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LANDS' END, INC. Director's Dealing 2018

May 3, 2018

32951_dirs_2018-05-03_aaaef992-4581-497b-aaa9-95236e3298d3.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: 2018-05-01

Reporting Person: GRAY PETER L (EVP, CAO & General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-05-01 Common Stock M 2841 Acquired 5050 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-05-01 Restricted Stock Units $0.0 M 2841 Disposed Common Stock (2841.0) 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: This RSU award was granted on May 8, 2017, with vesting in three annual installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%).

F3: Of the total number of RSUs, 11,415 RSUs will vest in three annual installments on March 26, 2019 (25%), March 26, 2020 (25%) and March 26, 2021 (50%); 2,841 RSUs will vest on May 1, 2019; 5,682 RSUs will vest on May 1, 2020; and 22,727 RSUs will vest in four annual installments on May 8, 2018 (25%), May 8, 2019 (25%), May 8, 2020 (25%) and May 8, 2021 (25%); subject in each case to the satisfaction of vesting conditions, including continued employment.