Martin D. Christopher - 01 Apr 2025 Form 4 Insider Report for LANDS' END, INC. (LE)

Role
EVP, Chief Technology Officer
Signature
/s/ Peter L. Gray, as Attorney-in-Fact for Martin Christopher
Issuer symbol
LE
Transactions as of
01 Apr 2025
Net transactions value
-$17,108
Form type
4
Filing time
03 Apr 2025, 16:00:04 UTC
Previous filing
26 Mar 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 +5,106 $0.000000 5,106 01 Apr 2025 Direct F1
transaction LE Common Stock Tax liability $17,108 -1,634 -32% $10.47 3,472 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 -5,106 -12% $0.000000 35,924 01 Apr 2025 Common Stock 5,106 $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, 5,106 RSUs will vest on April 1, 2026, and 10,212 RSUs will vest on April 1, 2027; and 5,151 will vest on March 24, 2026, 5,152 will vest on March 24, 2027 and 10,303 will vest on March 24, 2028; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.