LANDS' END, INC. — Director's Dealing 2021

Mar 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDS' END, INC. (LE)
CIK: 0000799288
Period of Report: 2021-03-06

Reporting Person: Griffith Jerome (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-06	Common Stock	M	29411	$0.00	Acquired	29411	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-06	Restricted Stock Units	$0.00	M	29411	Disposed		Common Stock (29411)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	261504	Indirect

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: The reporting person contributed 30,285 shares to the Jerome Griffith Revocable Trust on May 15, 2020, and 19,669 shares to the Jerome Griffith Revocable Trust on June 4, 2020, in transactions that resulted in a change in the form of beneficial ownership from direct to indirect.

F3: This RSU award was granted on March 6, 2017, with vesting in four installments on March 6, 2018 (25%), March 6, 2019 (25%), March 6, 2020 (25%), and March 6, 2021 (25%).

F4: Of the total number of RSUs, 23,858 RSUs will vest on March 26, 2021; 18,356 RSUs will vest on March 25, 2021; 36,714 RSUs vest will on March 25, 2022; 31,182 RSUs will vest on March 19, 2021; 31,182 RSUs will vest on March 19, 2022; and 62,366 RSUs will vest on March 19, 2023; subject in each case to the satisfaction of vesting conditions, including continued employment.