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LANDS' END, INC. — Director's Dealing 2018
Mar 28, 2018
32951_dirs_2018-03-28_49ec23f9-de3e-4061-bcb8-fa50ecc4eebc.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: Hong Gill Brown (EVP, CMO & Head of Intl.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-26 | Restricted Stock Units | $0.0 | A | 10273 | Acquired | Common Stock (10273.0) | 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, 10,273 RSUs are as described in footnote 1; 6,578 RSUs will vest in three annual installments on December 7, 2018 (25%), December 7, 2019 (25%) and December 7, 2020 (50%); subject in each case to the satisfaction of vesting conditions, including continued employment.