Key facts
- This page summarizes Angela S. Rieger's Form 4 filing for LANDS' END, INC. (LE).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 03 Apr 2024, 16:03.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Additional SEC filing notes
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 April 1, 2025 (25%), April 1, 2026 (25%) and April 1, 2027 (50%).
Footnote F3
Of the total number of RSUs, 4,540 RSUs will vest on March 18, 2025; 7,245 RSUs will vest on June 14, 2024, 7,245 RSUs will vest on June 14, 2025, and 14,491 RSUs will vest on June 14, 2026; and 4,862 RSUs will vest on April 1, 2025, 4,863 RSUs will vest on April 1, 2026, and 9,726 RSUs will vest on April 1, 2027; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.
Footnote F4
Each performance right represents a contingent right to receive one share of issuer common stock subject to certification of performance following fiscal year 2026. The performance rights vest up to 100% of the listed target number of shares upon issuer common stock achieving a specified average per share closing stock price over a specified number of trading days, and subject to the satisfaction of other vesting conditions, including maintaining a continuous business relationship with the issuer through the payment date.
Footnote F5
No later than 90 days following the completion of the audit for issuer's fiscal year ending January 29, 2027, the Compensation Committee of the Board of Directors of the issuer shall determine achievement of performance goals in its sole discretion and the date upon which the Compensation Committee determines such performance shall be the applicable vesting date.