Peter L. Gray - 24 Mar 2025 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
26 Mar 2025, 16:33:30 UTC
Prior SEC filing
20 Mar 2025
Next SEC filing
03 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Peter L. Gray

Key filing fact

Peter L. Gray filed Form 4 for LANDS' END, INC. (LE) on 26 Mar 2025.

Key facts

  • This page summarizes Peter L. Gray's Form 4 filing for LANDS' END, INC. (LE).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 26 Mar 2025, 16:33.

Change

  • Previous filing in this sequence was filed on 20 Mar 2025.
  • 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
+27,289
Change %
+46%
Price
$0.000000
Shares after
86,152
Date
24 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
27,289
Exercise price
$0.000000
Footnotes
F1, F2, F3
LE transaction Derivative

Performance Rights

Award

Transaction value
$0
Shares
+13,644
Change %
Price
$0.000000
Shares after
13,644
Date
24 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,644
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 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 March 24, 2026 (25%), March 24, 2027 (25%) and March 24, 2028 (50%).

Footnote F3

Of the total number of RSUs, 10,868 RSUs will vest on June 14, 2025 and 21,736 RSUs will vest on June 14, 2026; 6,564 RSUs will vest on April 1, 2025, 6,565 RSUs will vest on April 1, 2026 and 13,130 RSUs will vest on April 1, 2027; and 6,822 will vest on March 24, 2026, 6,822 will vest on March 24, 2027 and 13,645 will vest on March 24, 2028; 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 2027. 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 28, 2028, 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.

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