Laurence Winoker - Mar 8, 2022 Form 4 Insider Report for LIFETIME BRANDS, INC (LCUT)

Role
SVP- Finance, CFO, & Treasurer
Signature
/s/ Sara Shindel, attorney-in-fact for Laurence Winoker
Stock symbol
LCUT
Transactions as of
Mar 8, 2022
Transactions value $
-$15,152
Form type
4
Date filed
3/10/2022, 03:08 PM
Previous filing
Jun 29, 2021
Next filing
Mar 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCUT Common Stock Award $0 +4.31K +5.04% $0.00 89.9K Mar 8, 2022 Direct F1
transaction LCUT Common Stock Tax liability -$6.73K -552 -0.61% $12.19 89.3K Mar 8, 2022 Direct F2
transaction LCUT Common Stock Award $0 +8K +8.96% $0.00 97.3K Mar 8, 2022 Direct F3
transaction LCUT Common Stock Tax liability -$8.42K -606 -0.62% $13.90 96.7K Mar 9, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 27, 2019, the reporting person received a grant of performance shares (PSUs) that vest upon the satisfaction of certain performance conditions, with a performance period that ended December 31, 2021. On March 8, 2022, the Compensation Committee determined that certain of the performance conditions were met and shares subject to the PSUs vested.
F2 Portion of tax liability payment by withholding Common Stock incident to the vesting of PSUs.
F3 The restricted stock was granted pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vest 25% per year in four equal annual installments commencing on the first anniversary of the date of grant.
F4 Payment of tax liability by withholding Common Stock incident to the vesting of 1,562 restricted stock. The restricted shares were granted on March 9, 2021 and vest in four equal installments on each of March 9, 2022, March 9, 2023, March 9, 2024, March 9, 2025.