Sarah W. Rasmusen - 14 Jun 2023 Form 4 Insider Report for LANDS' END, INC. (LE)

Reporting relationship: CHIEF INNOVATION OFFICER
Issuer ticker: LE
Reported as of: 14 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 16 Jun 2023, 16:09:50 UTC
Prior SEC filing: 21 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Peter L. Gray as attorney-in-fact for Sarah W. Rasmusen

Key filing fact

Sarah W. Rasmusen filed Form 4 for LANDS' END, INC. (LE) on 16 Jun 2023.

Key facts

This page summarizes Sarah W. Rasmusen's Form 4 filing for LANDS' END, INC. (LE).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 16 Jun 2023, 16:09.

Change

Previous filing in this sequence was filed on 21 Mar 2023.
Current net transaction value: $0.

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 derivative securities

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

LE transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +29,850
Change %: +232%
Price: $0.000000
Shares after: 42,741
Date: 14 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 29,850
Exercise price: $0.000000
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 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

These are time-based RSUs that will vest, subject to satisfaction of vesting conditions including a continuous business relationship, in three annual installments on June 14, 2024 (25%), June 14, 2025 (25%) and June 14, 2026 (50%).

Footnote F3

Of the total number of RSUs, 3,902 RSUs will vest on March 19, 2024; 2,996 RSUs will vest on March 18, 2024, and 5,993 RSUs will vest on March 18, 2025; 7,462 RSUs will vest on June 14, 2024, 7,463 RSUs will vest on June 14, 2025, and 14,925 RSUs will vest on June 14, 2026, subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.