McCRACKEN BERNARD LOUIS III 4
4 · LANDS' END, INC. · Filed Jun 18, 2024
Insider Transaction Report
Form 4
McCRACKEN BERNARD LOUIS III
CFO and Treasurer
Transactions
- Exercise/Conversion
Common Stock
2024-06-14+2,321→ 24,598 total - Tax Payment
Common Stock
2024-06-14$14.42/sh−743$10,714→ 23,855 total - Exercise/Conversion
Restricted Stock Units
2024-06-14−2,321→ 29,253 totalExercise: $0.00→ Common Stock (2,321 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
- [F2]Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.
- [F3]This RSU award was granted on June 14, 2023, with vesting in three installments on June 14, 2024 (25%), June 14, 2025 (25%) and June 14, 2026 (50%).
- [F4]Of the total number of RSUs, 1,864 RSUs will vest on March 18, 2025; 2,322 RSUs will vest on June 14, 2025 and 4,643 RSUs will vest on June 14, 2026; and 5,106 RSUs will vest on April 1, 2025, 5,106 RSUs will vest on April 1, 2026 and 10,212 RSUs will vest on April 1, 2027; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.