Peter L. Gray - 01 Apr 2025 Form 4 Insider Report for LANDS' END, INC. (LE)

Role
PRES LE Licensing, CAO & GC
Signature
/s/ Peter L. Gray
Issuer symbol
LE
Transactions as of
01 Apr 2025
Net transactions value
-$23,537
Form type
4
Filing time
03 Apr 2025, 16:00:03 UTC
Previous filing
26 Mar 2025
Next filing
17 Jun 2025
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 +6,564 +5.5% $0.000000 126,379 01 Apr 2025 Direct F1
transaction LE Common Stock Tax liability $23,537 -2,248 -1.8% $10.47 124,131 01 Apr 2025 Direct F2

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 -6,564 -7.6% $0.000000 79,588 01 Apr 2025 Common Stock 6,564 $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 April 1, 2024, with vesting in three installments on April 1, 2025 (25%), April 1, 2026 (25%) and April 1, 2027 (50%).
F4 Of the total number of RSUs, 10,868 RSUs will vest on June 14, 2025 and 21,736 RSUs will vest on June 14, 2026; 6,565 RSUs will vest on April 1, 2026 and 13,130 RSUs will vest on April 1, 2027; and 6,822 will vest on March 24, 2026, 6,822 will vest on March 24, 2027 and 13,645 will vest on March 24, 2028; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.