ROBERT H. SCHOTTENSTEIN - 24 Nov 2021 Form 4 Insider Report for Bath & Body Works, Inc. (BBWI)

Role
Director
Signature
Robert J. Tannous, Attorney-in-Fact
Issuer symbol
BBWI
Transactions as of
24 Nov 2021
Net transactions value
-$400,534
Form type
4
Filing time
29 Nov 2021, 18:26:17 UTC
Previous filing
12 Jul 2021
Next filing
18 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBWI Common Stock, $0.50 par value Gift $0 +2,500 $0.000000 2,500 03 Mar 2021 Direct F1
transaction BBWI Common Stock, $0.50 par value Will/Inheritance $0 +2,875 +9.9% $0.000000 31,855 18 Nov 2021 Direct
transaction BBWI Common Stock, $0.50 par value Sale $400,534 -5,375 -17% $74.52 26,480 24 Nov 2021 Direct F2, F3
holding BBWI Common Stock, $0.50 par value 2,000 24 Nov 2021 By Irving Schottenstein Marital Trust 2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an exempt transfer of 2,500 shares from the Frances Schottenstein 2010 Irrevocable Trust to the Reporting Person.
F2 In connection with the Issuer's previously announced termination of the Issuer's Supplemental Retirement Plan, the outstanding deferred stock units ("DSUs") held by the Reporting Person under the Issuer's Stock Award and Deferred Compensation Plan for Non-Associate Directors were required to be terminated and settled in shares of common stock pursuant to the requirements of the Internal Revenue Code of 1986, as amended (the "Mandatory DSU Settlement").
F3 Reflects the sale of shares of common stock underlying the DSUs in order to satisfy the Reporting Person's tax liabilities incurred as a result of the Mandatory DSU Settlement.