Jerome Griffith - Mar 24, 2022 Form 4 Insider Report for LANDS' END, INC. (LE)

Role: Chief Executive Officer, Director
Signature: /s/ Peter L. Gray as attorney-in-fact for Jerome S. Griffith
Stock symbol: LE
Transactions as of: Mar 24, 2022
Transactions value $: -$1,025,744
Form type: 4
Date filed: 3/28/2022, 05:47 PM
Previous filing: Mar 22, 2022
Next filing: Jun 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LE	Common Stock	Award	$0	+86.6K	+305.57%	$0.00	115K	Mar 24, 2022	Direct	F1
transaction	LE	Common Stock	Tax liability	-$726K	-39.6K	-34.42%	$18.34	75.4K	Mar 24, 2022	Direct	F2
transaction	LE	Common Stock	Options Exercise	$0	+36.7K	+48.69%	$0.00	112K	Mar 25, 2022	Direct	F3
transaction	LE	Common Stock	Tax liability	-$300K	-17.3K	-15.39%	$17.37	94.9K	Mar 25, 2022	Direct	F2
holding	LE	Common Stock						307K	Mar 24, 2022	Jerome Griffith Revocable Trust

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	-36.7K	-19.16%	$0.00	155K	Mar 25, 2022	Common Stock	36.7K	$0.00	Direct	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares issued upon determination that performance criteria, related to performance-based RSUs awarded on March 25, 2019, had been met.
F2	Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.
F3	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
F4	This RSU award was granted on March 25, 2019, with vesting in three installments on March 25, 2020 (25%), March 25, 2021 (25%) and March 25, 2022 (50%).
F5	Of the total number of RSUs, 62,366 RSUs will vest on March 19, 2023; 10,518 RSUs will vest on March 19, 2023, and 21,035 RSUs will vest on March 19, 2024; 15,254 RSUs will vest on March 18, 2023, 15,254 RSUs will vest on March 18, 2024, and 30,508 RSUs will vest on March 18, 2025; subject in each case to the satisfaction of vesting conditions, including as applicable, continued employment or a continuous business relationship.