Bruce G. Pollack - Jun 20, 2024 Form 4 Insider Report for LIFETIME BRANDS, INC (LCUT)

Role
Director
Signature
/s/ Sara Shindel, as attorney-in-fact for Bruce G. Pollack
Stock symbol
LCUT
Transactions as of
Jun 20, 2024
Transactions value $
$0
Form type
4
Date filed
6/24/2024, 07:35 PM
Previous filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCUT Common Stock Award $0 +11.7K +21.22% $0.00 66.6K Jun 20, 2024 Direct F1, F2
holding LCUT Common Stock 5.99M Jun 20, 2024 See Footnote 3 F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock was granted on June 20, 2024, pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan (as amended through June 23, 2022) and vests on the first anniversary of the date of grant.
F2 The common stock was issued for no consideration as part of director compensation.
F3 Represents shares held by Taylor Parent, LLC ("Taylor Parent"). CP Taylor GP, LLC ("CP Taylor") has the authority to appoint the board of directors of Taylor Parent. Centre Partners V, L.P. ("Centre Partners LP") is the sole member of CP Taylor. Centre Partners V LLC ("Centre Partners") is the general partner of Centre Partners LP. JRJ V L.P. ("JRJ LP") is a co-manager of Centre Partners. JRJ, Inc. ("JRJ") is the general partner of JRJ LP. The reporting person is the president of JRJ. As such, the reporting person may be deemed to beneficially own the shares of common stock owned directly by Taylor Parent. The reporting person disclaims beneficial ownership of such shares, and this report may not be deemed an admission that either the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.