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LANDS' END, INC. — Director's Dealing 2019
May 3, 2019
32951_dirs_2019-05-03_b3674631-fafe-4b87-a03e-935b7cb86cd4.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: 2019-05-01
Reporting Person: GOOCH JAMES F (EVP, COO, CFO and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-01 | Common Stock | M | 3235 | — | Acquired | 31139 | Direct |
| 2019-05-01 | Common Stock | F | 926 | $17.26 | Disposed | 30213 | Direct |
| 2019-05-02 | Common Stock | M | 6373 | — | Acquired | 36586 | Direct |
| 2019-05-02 | Common Stock | F | 1823 | $16.85 | Disposed | 34763 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-01 | Restricted Stock Units | $0.0 | M | 3235 | Disposed | Common Stock (3235.0) | Direct | |
| 2019-05-02 | Restricted Stock Units | $0.0 | M | 6373 | Disposed | Common Stock (6373.0) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
F2: Represents shares surrendered to the issuer for payment of the reporting person's tax withholding obligation incurred in connection with the vesting of RSUs on May 1, 2019.
F3: Represents shares surrendered to the issuer for payment of the reporting person's tax withholding obligation incurred in connection with the vesting of RSUs on May 2, 2019.
F4: This RSU award was granted on May 1, 2017, with vesting in three installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%).
F5: This RSU award was granted on May 2, 2016, with vesting in three installments on May 2, 2017 (25%), May 2, 2018 (25%) and May 2, 2019 (50%).
F6: Of the total number of RSUs, 3,652 RSUs will vest on March 26, 2020; 7,307 will vest on March 26, 2021; 6,470 RSUs will vest on May 1, 2020; 7,977 RSUs will vest on January 27, 2020; and 21,455 RSUs will vest in three annual installments on March 25, 2020 (25%), March 25, 2021 (25%) and March 25, 2022 (50%), subject in each case to the satisfaction of vesting conditions, including continued employment.