GRAY PETER L 4
4 · LANDS' END, INC. · Filed Jun 18, 2024
Insider Transaction Report
Form 4
GRAY PETER L
PRES LE Licensing, CAO & GC
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-06-14−10,867→ 66,720 totalExercise: $0.00→ Common Stock (10,867 underlying) - Exercise/Conversion
Common Stock
2024-06-14+10,867→ 118,261 total - Tax Payment
Common Stock
2024-06-14$14.42/sh−3,537$51,004→ 114,724 total
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, 7,857 RSUs will vest on March 18, 2025; 10,868 RSUs will vest on June 14, 2025 and 21,736 RSUs will vest on June 14, 2026; and 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; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.