McLean Andrew J. 4
4 · LANDS' END, INC. · Filed Nov 5, 2024
Insider Transaction Report
Form 4
McLean Andrew J.
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2024-11-01+28,908→ 69,833 total - Tax Payment
Common Stock
2024-11-01$16.09/sh−13,587$218,615→ 56,246 total - Exercise/Conversion
Restricted Stock Units
2024-11-01−28,908→ 257,596 totalExercise: $0.00→ Common Stock (28,908 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 November 1, 2022, with vesting in three installments on November 1, 2023 (25%), November 1, 2024 (25%) and November 1, 2025 (50%).
- [F4]Of the total number of RSUs, 36,885 RSUs will vest on June 14, 2025 and 73,770 RSUs will vest on June 14, 2026; 57,817 RSUs will vest on November 1, 2025; and 22,281 RSUs will vest on April 1, 2025, 22,281 RSUs will vest on April 1, 2026 and 44,562 RSUs will vest on April 1, 2027; subject in each case to the satisfaction of vesting conditions, including as applicable, maintaining continued employment or a continuous business relationship.