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LIFETIME BRANDS, INC — Director's Dealing 2020
Mar 12, 2020
34247_dirs_2020-03-12_89747a02-4e9a-492c-b820-f1c71b919bfb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LIFETIME BRANDS, INC (LCUT)
CIK: 0000874396
Period of Report: 2020-03-10
Reporting Person: SIEGEL JEFFREY (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-10 | Common Stock | A | 4978 | — | Acquired | 1129050 | Direct |
| 2020-03-10 | Common Stock | F | 1692 | $6.38 | Disposed | 1127358 | Direct |
| 2020-03-10 | Common Stock | A | 84317 | — | Acquired | 1211675 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1010 | Indirect |
Footnotes
F1: On June 22, 2017 the reporting person received Deferred Stock (Performance vesting) grant (PSUs) that vest upon the satisfaction of certain performance conditions. On March 10, 2020, the Compensation Committee determined that certain of the performance conditions were met and a portion of the shares subject to the PSUs vested.
F2: Payment of tax liability by withholding Common Stock incident to the vesting of PSUs.
F3: The restricted stock was granted pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan.