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LANDS' END, INC. — Director's Dealing 2021
Mar 29, 2021
32951_dirs_2021-03-29_f3dd3431-32a5-47b2-a73a-222f97a54511.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: 2021-03-25
Reporting Person: GOOCH JAMES F (President and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-25 | Common Stock | M | 5363 | $0.00 | Acquired | 61289 | Direct |
| 2021-03-25 | Common Stock | F | 1420 | $25.47 | Disposed | 59869 | Direct |
| 2021-03-25 | Common Stock | A | 16218 | $0.00 | Acquired | 76087 | Direct |
| 2021-03-25 | Common Stock | F | 4294 | $25.47 | Disposed | 71793 | Direct |
| 2021-03-26 | Common Stock | M | 7307 | $0.00 | Acquired | 79100 | Direct |
| 2021-03-26 | Common Stock | F | 2025 | $25.24 | Disposed | 77075 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-25 | Restricted Stock Units | $0.00 | M | 5363 | Disposed | Common Stock (5363) | Direct | |
| 2021-03-26 | Restricted Stock Units | $0.00 | M | 7307 | Disposed | Common Stock (7307) | 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: Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.
F3: Shares issued upon determination that performance criteria, related to performance-based RSUs awarded on March 26, 2018, had been met.
F4: This RSU award was granted on March 25, 2019, with vesting in three installments on March 25, 2020 (25%), March 25, 2021 (25%) and March 25, 2022 (50%).
F5: This RSU award was granted on March 26, 2018, with vesting in three installments on March 26, 2019 (25%), March 26, 2020 (25%) and March 26, 2021 (50%).
F6: Of the total number of RSUs, 10,729 RSUs will vest on March 25, 2022; 9,381 RSUs will vest on March 19, 2022, and 18,764 RSUs will vest on March 19, 2023; 3,915 RSUs will vest on March 19, 2022, 3,916 RSUs will vest on March 19, 2023, and 7,832 RSUs will vest on March 19, 2024; subject in each case to the satisfaction of vesting conditions, including as applicable, continued employment or a continuous business relationship.