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LANDS' END, INC. — Director's Dealing 2018
Mar 28, 2018
32951_dirs_2018-03-28_ed1a62e7-685f-4c46-943b-0a37a3cc5b7c.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: 2018-03-26
Reporting Person: McCRACKEN BERNARD LOUIS III (VP, Controller and CAO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-26 | Restricted Stock Units | $0.0 | A | 3242 | Acquired | Common Stock (3242.0) | Direct |
Footnotes
F1: These are time-based restricted stock units ("RSUs") that will vest, assuming continued employment, in three installments on March 26, 2019 (25%), March 26, 2020 (25%) and March 26, 2021 (50%). Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the vesting considerations.
F2: Of the total number of RSUs, 3,242 RSUs are as described in footnote 1; 2,847 RSUs will vest in three annual installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%); 701 RSUs will vest on May 2, 2018, and 1,402 RSUs will vest on May 2, 2019; and 1,090 RSUs will vest on May 1, 2018; subject in each case to the satisfaction of vesting conditions, including continued employment.