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

Signature
/s/ Jeffrey Siegel
Issuer symbol
LCUT
Transactions as of
19 Apr 2022
Net transactions value
-$25,893
Form type
4
Filing time
21 Apr 2022, 16:22:02 UTC
Previous filing
04 Jan 2022
Next filing
28 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCUT Common Stock Options Exercise $349,200 +30,000 +2.6% $11.64 1,173,766 19 Apr 2022 Direct
transaction LCUT Common Stock Tax liability $375,093 -28,139 -2.4% $13.33 1,145,627 19 Apr 2022 Direct F1
holding LCUT Common Stock 1,010 19 Apr 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 -30,000 -100% $0.000000* 0 19 Apr 2022 Common Stock 30,000 $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.