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LANDS' END, INC. — Director's Dealing 2018
Mar 28, 2018
32951_dirs_2018-03-28_3219c8b3-39e8-4a53-becb-c0f61a0aecb5.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: Griffith Jerome (Director, CEO and President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-26 | Restricted Stock Units | $0.0 | A | 47716 | Acquired | Common Stock (47716.0) | 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, 47,716 RSUs are as described in footnote 1; 39,337 RSUs will vest in three annual installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%); 29,412 RSUs will vest on March 6, 2019, 29,412 RSUs will vest on March 6, 2020 and 29,411 RSUs will vest on March 6, 2021; subject in each case to the satisfaction of vesting conditions, including continued employment.