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LANDS' END, INC. — Director's Dealing 2022
Nov 3, 2022
32951_dirs_2022-11-03_2c85bb7d-cd50-401e-b75e-da5e592547fd.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: 2022-11-01
Reporting Person: McLean Andrew J. (Director, CEO - Designate)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-01 | Restricted Stock Units | $0.00 | A | 115633 | Acquired | Common Stock (115633) | Direct | |
| 2022-11-01 | Employee Stock Option (right to buy) | $10.81 | A | 168081 | Acquired | 2032-11-01 | Common Stock (168081) | Direct |
Footnotes
F1: These are time-based restricted stock units (RSUs) that will vest in three annual installments on November 1, 2023 (25%), November 1, 2024 (25%) and November 1, 2025 (50%), subject to certain vesting conditions and acceleration events. Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the applicable vesting conditions.
F2: The option will vest in three annual installments on November 1, 2023 (25%), November 1, 2024 (25%) and November 1, 2025 (50%), subject to certain vesting conditions and acceleration events.