GRAY PETER L 4
4 · LANDS' END, INC. · Filed Mar 20, 2025
Insider Transaction Report
Form 4
GRAY PETER L
PRES LE Licensing, CAO & GC
Transactions
- Exercise/Conversion
Common Stock
2025-03-18+7,857→ 122,581 total - Exercise/Conversion
Restricted Stock Units
2025-03-18−7,857→ 58,863 totalExercise: $0.00→ Common Stock (7,857 underlying) - Tax Payment
Common Stock
2025-03-18$11.13/sh−2,766$30,786→ 119,815 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 March 18, 2022, with vesting in three installments on March 18, 2023 (25%), March 18, 2024 (25%) and March 18, 2025 (50%).
- [F4]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; 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.