Robert Bruce Kay - 25 Jun 2023 Form 4 Insider Report for LIFETIME BRANDS, INC (LCUT)

Role
Chief Executive Officer, Director
Signature
/s/ Sara Shindel, attorney-in-fact for Robert B. Kay
Issuer symbol
LCUT
Transactions as of
25 Jun 2023
Net transactions value
-$36,881
Form type
4
Filing time
27 Jun 2023, 17:15:42 UTC
Previous filing
18 May 2023
Next filing
12 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCUT Common Stock Tax liability $4,604 -901 -0.2% $5.11 440,864 25 Jun 2023 Direct F1
transaction LCUT Common Stock Tax liability $32,277 -5,633 -1.3% $5.73 435,231 27 Jun 2023 Direct F2
holding LCUT Common Stock 66,000 25 Jun 2023 Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax liability by withholding Common Stock incident to the vesting of 2,500 restricted stock. The restricted shares were granted on June 25, 2020 and vests 25% per year in four equal installments on each of June 25, 2021, June 25, 2022, June 25, 2023 and June 25, 2024.
F2 Payment of tax liability by withholding Common Stock incident to the vesting of 15,625 restricted stock. The restricted shares were granted on June 27, 2019 and vests 25% per year in four equal installments on each of June 27, 2020, June 27, 2021, June 27, 2022 and June 27, 2023.
F3 The reporting person disclaims beneficial ownership of all securities held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4 Irrevocable family trust for which the resporting person's spouse is a trustee.