AI assistant
LANDS' END, INC. — Director's Dealing 2018
Mar 28, 2018
32951_dirs_2018-03-28_6376679c-dcf2-44d5-bedd-400b675abb10.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2018-03-26
Reporting Person: GOOCH JAMES F (EVP, COO, CFO and Treasurer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-26 | Restricted Stock Units | $0.0 | A | 14611 | Acquired | Common Stock (14611.0) | 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, 14,611 RSUs are as described in footnote 1; 12,940 RSUs will vest in three annual installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%); 6,579 RSUs will vest on May 1, 2018; 4,225 RSUs will vest on December 19, 2018; 3,988 RSUs will vest on January 27, 2019, and 7,977 RSUs will vest on January 27, 2020; and 3,186 RSUs will vest on May 2, 2018, and 6,373 RSUs will vest on May 2, 2019; subject in each case to the satisfaction of vesting conditions, including continued employment.