Jeffrey Siegel - Apr 19, 2022 Form 4 Insider Report for LIFETIME BRANDS, INC (LCUT)

Role: Executive Chairman, Director
Signature: /s/ Jeffrey Siegel
Stock symbol: LCUT
Transactions as of: Apr 19, 2022
Transactions value $: -$25,893
Form type: 4
Date filed: 4/21/2022, 04:22 PM
Previous filing: Jan 4, 2022
Next filing: Jun 28, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LCUT	Common Stock	Options Exercise	$349K	+30K	+2.62%	$11.64	1.17M	Apr 19, 2022	Direct
transaction	LCUT	Common Stock	Tax liability	-$375K	-28.1K	-2.4%	$13.33	1.15M	Apr 19, 2022	Direct	F1
holding	LCUT	Common Stock						1.01K	Apr 19, 2022	Spouse

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	LCUT	Employee Stock Option (Right to buy)	Options Exercise	$0	-30K	-100%	$0.00^*	0	Apr 19, 2022	Common Stock	30K	$11.64	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Payment of exercise price and tax liability by withholding Common Stock incident to the exercise of options.
F2	The options were granted on May 1, 2012. The options vested and became exercisable 25% a year in four equal annual installments on each of May 1, 2013, 2014, 2015 and 2016.