Daniel Siegel - 07 Mar 2025 Form 4/A - Amendment Insider Report for LIFETIME BRANDS, INC (LCUT)

Role
President
Signature
/s/ Sara Shindel, attorney-in-fact for Daniel Siegel
Issuer symbol
LCUT
Transactions as of
07 Mar 2025
Net transactions value
-$32,214
Form type
4/A - Amendment
Filing time
17 Mar 2025, 16:52:11 UTC
Date Of Original Report
11 Mar 2025
Previous filing
21 Nov 2024
Next filing
10 Mar 2026
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 $7,703 -1,487 -0.38% $5.18 386,425 08 Mar 2025 Direct F1
transaction LCUT Common Stock Tax liability $8,169 -1,577 -0.41% $5.18 384,848 08 Mar 2025 Direct F2
transaction LCUT Common Stock Tax liability $9,340 -1,803 -0.47% $5.18 383,045 08 Mar 2025 Direct F3
transaction LCUT Common Stock Tax liability $7,003 -1,352 -0.35% $5.18 381,693 09 Mar 2025 Direct F4
transaction LCUT Common Stock Award $0 +32,000 +8.4% $0.000000 413,693 11 Mar 2025 Direct F5, F6
transaction LCUT Common Stock Gift $0 +3,334 +98% $0.000000 6,734 07 Mar 2025 Custodian for son F7, F8, F9
holding LCUT Common Stock 8,400 07 Mar 2025 Spouse
holding LCUT Common Stock 3,400 07 Mar 2025 Custodian for son F10
* 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 4,125 restricted stock. The restricted shares were granted on March 8, 2022 and vest 25% per year in four equal installments on each of March 8, 2023, March 8, 2024, March 8, 2025, and March 8, 2026.
F2 Payment of tax liability by withholding Common Stock incident to the vesting of 4,375 restricted stock. The restricted shares were granted on March 8, 2023 and vest 25% per year in four equal installments on each of March 8, 2024, March 8, 2025, March 8, 2026, and March 8, 2027.
F3 Payment of tax liability by withholding Common Stock incident to the vesting of 5,000 restricted stock. The restricted shares were granted on March 8, 2024 and vest 25% per year in four equal installments on each of March 8, 2025, March 8, 2026, March 8, 2027, and March 8, 2028.
F4 Payment of tax liability by withholding Common Stock incident to the vesting of 3,750 restricted stock. The restricted shares were granted on March 9, 2021 and vest 25% per year in four equal installments on each of March 9, 2022, March 9, 2023, March 9, 2024, and March 9, 2025.
F5 The restricted stock was granted on March 11, 2025 pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vests 25% per year in four equal annual installments commencing on the first anniversary of the date of grant.
F6 The restricted stock granted on March 11, 2025 has been revised as follows: (i) in Box 4, revised to 32,000 shares from 22,000 shares; and (ii) in Box 5, revised to 413,693 shares from 403,693 shares. Refer to the Remarks section for further details.
F7 Bona fide gift made to the child of the reporting person on March 7, 2025. The reporting person disclaims any pecuniary interest in the accounts' assets or the donated shares.
F8 No price is given due to the fact that the acquisition of shares represents a bona fide gift.
F9 Uniform Transfer to Minors Act Custodian for Child 1
F10 Uniform Transfer to Minors Act Custodian for Child 2

Remarks:

The purpose of this amendment is to correct the number of restricted stock granted to the Reporting Person on March 11, 2025, which were originally reported by the Reporting Person on a Form 4 filed on March 11, 2025 (the "Original Form 4"). The number of restricted stock granted reported in the fifth row of Table I of the Original Form 4 have been revised as follows: (i) in Box 4, revised to 32,000 shares from 22,000 shares; and (ii) in Box 5, revised to 413,693 shares from 403,693 shares. There are no other changes to the Original Form 4.