Michael G. Morris - Jul 8, 2021 Form 4 Insider Report for L Brands, Inc. (BBWI)

Role
Director
Signature
Robert J. Tannous, Attorney-in-Fact
Stock symbol
BBWI
Transactions as of
Jul 8, 2021
Transactions value $
$0
Form type
4
Date filed
7/12/2021, 06:57 PM
Previous filing
May 24, 2021
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBWI Common Stock, $0.50 par value Options Exercise $0 +60.4K +487.59% $0.00 72.8K Jul 8, 2021 Direct F1

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 BBWI Phantom Stock Options Exercise $0 -60.4K -100% $0.00* 0 Jul 8, 2021 Common Stock, $0.50 par value 60.4K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock has the economic equivalent of one share of Issuer's common stock. On July 8, 2021, the reporting person's phantom stock units were settled for an equal number of shares of Issuer's common stock.