LIFETIME BRANDS, INC — Director's Dealing 2020

Jan 29, 2020

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: LIFETIME BRANDS, INC (LCUT)
CIK: 0000874396
Period of Report: 2019-12-31

Reporting Person: Kay Robert Bruce (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-30	Options to purchase shares of common stock	$9.21	G	250000	Disposed	2029-06-26	Common Stock, par value $0.01 per share (250000.0)	Direct
2019-08-30	Options to purchase shares of common stock	$9.21	G	250000	Acquired	2029-06-26	Common Stock, par value $0.01 per share (250000.0)	Indirect

Footnotes

F1: The options to purchase shares of common stock were transferred to an irrevocable family trust for which the reporting person's spouse is a trustee.

F2: The options to purchase shares of common stock vest annually in equal installments on each of the first, second and third anniversaries of the date of grant, assuming continued employment of the reporting person by the Company.

F3: The reporting person disclaims beneficial ownership of all securities held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.