Anne Sheehan - Aug 3, 2021 Form 4 Insider Report for Victoria's Secret & Co. (VSCO)

Role
Director
Signature
/s/ Melinda McAfee as attorney-in-fact for Anne Sheehan
Stock symbol
VSCO
Transactions as of
Aug 3, 2021
Transactions value $
$0
Form type
4
Date filed
8/5/2021, 09:13 PM
Previous filing
Aug 3, 2021
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSCO Common Stock Award $0 +2.31K +25.96% $0.00 11.2K Aug 3, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the annual equity retainer grant for the reporting person's service on the Board of Directors for Victoria's Secret & Co. ("VS") (and any applicable committee thereof) in the form of unrestricted shares of common stock, par value $0.01 per share ("VS Common Stock") in accordance with the VS Non-Employee Directors Compensation Policy and pursuant to the VS 2021 Stock Option and Performance Incentive Plan.
F2 On August 2, 2021, Bath & Body Works, Inc. (f/k/a L Brands, Inc.) ("BBW") completed a prorata spinoff distribution ("Distribution") of all of its shares of VS Common Stock to the holders of record of BBW common stock, par value $0.50 per share ("BBW Common Stock"), on July 22, 2021 ("Record Date"). This amount reflects shares of VS Common Stock received in connection with the Distribution in respect of shares of BBW Common Stock held as of the Record Date.