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LANDS' END, INC. — Director's Dealing 2019
May 3, 2019
32951_dirs_2019-05-03_bae7bb60-efd0-4f02-b2cf-d5586c2a001a.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: Griffith Jerome (Director, CEO and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-01 | Common Stock | M | 9834 | — | Acquired | 9834 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-01 | Restricted Stock Units | $0.0 | M | 9834 | Disposed | Common Stock (9834.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 172304 | Indirect |
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: The reporting person contributed 41,341 shares to the Jerome Griffith Revocable Trust on April 11, 2019 in a transaction that resulted in a change in the form of beneficial ownership from direct to indirect.
F3: 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%).
F4: Of the total number of RSUs, 11,929 RSUs will vest on March 26, 2020; 23,858 RSUs will vest on March 26, 2021 (50%); 19,669 RSUs will vest on May 1, 2020; 29,412 RSUs will vest on March 6, 2020; 29,411 RSUs will vest on March 6, 2021; and 73,426 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.