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LANDS' END, INC. — Director's Dealing 2019
Jan 29, 2019
32951_dirs_2019-01-29_b3b1bf57-e330-493c-9822-13c22aedfaf9.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: 2019-01-27
Reporting Person: GOOCH JAMES F (EVP, COO, CFO and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-27 | Common Stock | M | 3988 | — | Acquired | 26773 | Direct |
| 2019-01-27 | Common Stock | F | 1352 | $17.42 | Disposed | 25421 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-27 | Restricted Stock Units | $0.0 | M | 3988 | Disposed | Common Stock (3988.0) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represented 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 January 27, 2019.
F3: This RSU award was granted on January 27, 2016, with vesting in three annual installments on January 27, 2018 (25%), January 27, 2019 (25%) and January 27, 2020 (50%).
F4: Of the total number of RSUs, 14,611 RSUs will vest in three annual installments on March 26, 2019 (25%), March 26, 2020 (25%) and March 26, 2021 (50%); 3,235 RSUs will vest on May 1, 2019; 6,470 RSUs will vest on May 1, 2020; 7,977 RSUs will vest on January 27, 2020; and 6,373 RSUs will vest on May 2, 2019; subject in each case to the satisfaction of vesting conditions, including continued employment.