Jerome Griffith - 18 Mar 2023 Form 4 Insider Report for LANDS' END, INC. (LE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Mar 2023, 16:12:02 UTC
Prior SEC filing
08 Jun 2022
Next SEC filing
12 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Peter L. Gray as attorney-in-fact for Jerome S. Griffith

Key filing fact

Jerome Griffith filed Form 4 for LANDS' END, INC. (LE) on 21 Mar 2023.

Key facts

  • This page summarizes Jerome Griffith's Form 4 filing for LANDS' END, INC. (LE).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 21 Mar 2023, 16:12.

Change

  • Previous filing in this sequence was filed on 08 Jun 2022.
  • Current net transaction value: -$275,489.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+15,254
Change %
Price
$0.000000
Shares after
15,254
Date
18 Mar 2023
Ownership
Direct
Footnotes
F1
LE transaction

Common Stock

Tax liability

Transaction value
$47,685
Shares
-5,500
Change %
-36%
Price
$8.67
Shares after
9,754
Date
18 Mar 2023
Ownership
Direct
Footnotes
F2
LE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+62,366
Change %
+639%
Price
$0.000000
Shares after
72,120
Date
19 Mar 2023
Ownership
Direct
Footnotes
F1
LE transaction

Common Stock

Tax liability

Transaction value
$194,928
Shares
-22,483
Change %
-31%
Price
$8.67
Shares after
49,637
Date
19 Mar 2023
Ownership
Direct
Footnotes
F2
LE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+10,518
Change %
+21%
Price
$0.000000
Shares after
60,155
Date
19 Mar 2023
Ownership
Direct
Footnotes
F1
LE transaction

Common Stock

Tax liability

Transaction value
$32,877
Shares
-3,792
Change %
-6.3%
Price
$8.67
Shares after
56,363
Date
19 Mar 2023
Ownership
Direct
Footnotes
F2
LE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
402,026
Date
18 Mar 2023
Ownership
Jerome Griffith Revocable Trust
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-15,254
Change %
-9.8%
Price
$0.000000
Shares after
139,681
Date
18 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,254
Exercise price
$0.000000
Footnotes
F1, F4
LE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-62,366
Change %
-45%
Price
$0.000000
Shares after
77,315
Date
19 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
62,366
Exercise price
$0.000000
Footnotes
F1, F5
LE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-10,518
Change %
-14%
Price
$0.000000
Shares after
66,797
Date
19 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,518
Exercise price
$0.000000
Footnotes
F1, F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.

Footnote F2

Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.

Footnote F3

The reporting person contributed 94,868 shares to the Jerome Griffith Revocable Trust on April 8, 2022, in a transaction that resulted in a change in the form of beneficial ownership from direct to indirect.

Footnote F4

This RSU award was granted on March 18, 2022, with vesting in three installments on March 18, 2023 (25%), March 18, 2024 (25%) and March 18, 2025 (50%).

Footnote F5

This RSU award was granted on March 19, 2020, with vesting in three installments on March 19, 2021 (25%), March 19, 2022 (25%) and March 19, 2023 (50%).

Footnote F6

This RSU award was granted on March 19, 2021, with vesting in three installments on March 19, 2022 (25%), March 19, 2023 (25%) and March 19, 2024 (50%).

Footnote F7

Of the total number of RSUs, 21,035 RSUs will vest on March 19, 2024; 15,254 RSUs will vest on March 18, 2024, and 30,508 RSUs will vest on March 18, 2025; subject in each case to the satisfaction of vesting conditions, including maintaining continued employment or a continuous business relationship.

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