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LIFETIME BRANDS, INC — Director's Dealing 2021
Mar 11, 2021
34247_dirs_2021-03-11_32632a2e-9d5a-42eb-b1b1-99096582a21d.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: 2021-03-09
Reporting Person: SIEGEL DANIEL (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-09 | Common Stock | A | 3948 | — | Acquired | 409198 | Direct |
| 2021-03-09 | Common Stock | F | 1341 | $14.18 | Disposed | 407857 | Direct |
| 2021-03-09 | Common Stock | A | 15000 | — | Acquired | 422857 | Direct |
| 2021-03-10 | Common Stock | F | 18511 | $15.08 | Disposed | 404346 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1500 | Indirect |
| Common Stock | 1500 | Indirect |
| Common Stock | 1500 | Indirect |
| Common Stock | 0 | Indirect |
Footnotes
F1: On June 28, 2018 the reporting person received Deferred Stock (Performance vesting) grant (PSUs) that vest upon the satisfaction of certain performance conditions. On March 09, 2021, 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.
F4: Payment of tax liability by withholding Common Stock incident to the vesting of restricted stock.
F5: Uniform Transfer to Minors Act Custodian for Child 1
F6: Uniform Transfer to Minors Act Custodian for Child 2
F7: Reporting person is no longer the trustee for a trust for the benefit of Katherine & Juliana Wells and therefore is no longer reporting the indirect beneficial ownership of 6,000 shares.