Angela S. Rieger - 14 Jun 2024 Form 4 Insider Report for LANDS' END, INC. (LE)

Role
EVP, Chief Transformation Off.
Signature
/s/ Peter L. Gray as attorney-in-fact for Angela S. Rieger
Issuer symbol
LE
Transactions as of
14 Jun 2024
Net transactions value
-$28,638
Form type
4
Filing time
18 Jun 2024, 16:06:10 UTC
Previous filing
03 Apr 2024
Next filing
11 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LE Common Stock Options Exercise $0 +7,245 +14% $0.000000 60,646 14 Jun 2024 Direct F1
transaction LE Common Stock Tax liability $28,638 -1,986 -3.3% $14.42 58,660 14 Jun 2024 Direct F2
holding LE Common Stock 1,000 14 Jun 2024 Rieger Living Trust DTD 1/20/2017

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LE Restricted Stock Units Options Exercise $0 -7,245 -14% $0.000000 45,727 14 Jun 2024 Common Stock 7,245 $0.000000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 June 14, 2023, with vesting in three installments on June 14, 2024 (25%), June 14, 2025 (25%) and June 14, 2026 (50%).
F4 Of the total number of RSUs, 4,540 RSUs will vest on March 18, 2025; 7,245 RSUs will vest on June 14, 2025 and 14,491 RSUs will vest on June 14, 2026; and 4,862 RSUs will vest on April 1, 2025, 4,863 RSUs will vest on April 1, 2026 and 9,726 RSUs will vest on April 1, 2027; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.