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LANDS' END, INC. — Director's Dealing 2024
Nov 5, 2024
32951_dirs_2024-11-05_27167c68-f481-4eae-b38f-0fda728e6fe8.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: 2024-11-01
Reporting Person: McLean Andrew J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-11-01 | Common Stock | M | 28908 | — | Acquired | 69833 | Direct |
| 2024-11-01 | Common Stock | F | 13587 | $16.09 | Disposed | 56246 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-01 | Restricted Stock Units | $0 | M | 28908 | Disposed | Common Stock (28908) | 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: This RSU award was granted on November 1, 2022, with vesting in three installments on November 1, 2023 (25%), November 1, 2024 (25%) and November 1, 2025 (50%).
F4: Of the total number of RSUs, 36,885 RSUs will vest on June 14, 2025 and 73,770 RSUs will vest on June 14, 2026; 57,817 RSUs will vest on November 1, 2025; and 22,281 RSUs will vest on April 1, 2025, 22,281 RSUs will vest on April 1, 2026 and 44,562 RSUs will vest on April 1, 2027; subject in each case to the satisfaction of vesting conditions, including as applicable, maintaining continued employment or a continuous business relationship.