Hong Gill Brown 4
4 · LANDS' END, INC. · Filed Dec 10, 2018
Insider Transaction Report
Form 4
Hong Gill Brown
EVP, CMO & Head of Intl.
Transactions
- Tax Payment
Common Stock
2018-12-07$15.08/sh−527$7,947→ 4,542 total - Exercise/Conversion
Common Stock
2018-12-07+1,644→ 5,069 total - Exercise/Conversion
Restricted Stock Units
2018-12-07−1,644→ 15,207 totalExercise: $0.00→ Common Stock (1,644 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represented a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
- [F2]Represents shares surrendered to the issuer for payment of the reporting person's tax withholding obligation incurred in connection with the vesting of RSUs on December 7, 2018.
- [F3]This RSU award was granted on December 7, 2017, with vesting in three annual installments on December 7, 2018 (25%), December 7, 2019 (25%) and December 7, 2020 (50%).
- [F4]Of the total number of RSUs, 10,273 RSUs will vest in three annual installments on March 26, 2019 (25%), March 26, 2020 (25%) and March 26, 2021 (50%); 1,644 RSUs will vest on December 7, 2019; and 3,290 RSUs will vest on December 7, 2020; subject in each case to the satisfaction of vesting conditions, including continued employment.