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LANDS' END, INC. — Director's Dealing 2024
Mar 20, 2024
32951_dirs_2024-03-20_8a0e7a13-7115-4f07-9e3d-b7bacb71ea16.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: 2024-03-18
Reporting Person: McCRACKEN BERNARD LOUIS III (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-18 | Common Stock | M | 932 | — | Acquired | 21840 | Direct |
| 2024-03-18 | Common Stock | F | 348 | $8.04 | Disposed | 21492 | Direct |
| 2024-03-19 | Common Stock | M | 1252 | — | Acquired | 22744 | Direct |
| 2024-03-19 | Common Stock | F | 467 | $7.97 | Disposed | 22277 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-18 | Restricted Stock Units | $0.00 | M | 932 | Disposed | Common Stock (932) | Direct | |
| 2024-03-19 | Restricted Stock Units | $0.00 | M | 1252 | Disposed | Common Stock (1252) | 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 March 18, 2022, with vesting in three installments on March 18, 2023 (25%), March 18, 2024 (25%) and March 18, 2025 (50%).
F4: This RSU award was granted on March 19, 2021, with vesting in three installments on March 19, 2022 (25%), March 19, 2023 (25%) and March 19, 2024 (50%).
F5: Of the total number of RSUs, 1,864 RSUs will vest on March 18, 2025; 2,321 RSUs will vest on June 14, 2024, 2,322 RSUs will vest on June 14, 2025, and 4,643 RSUs will vest on June 14, 2026, subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.