GRAY PETER L 4
4 · LANDS' END, INC. · Filed Apr 3, 2025
Insider Transaction Report
Form 4
GRAY PETER L
PRES LE Licensing, CAO & GC
Transactions
- Exercise/Conversion
Common Stock
2025-04-01+6,564→ 126,379 total - Tax Payment
Common Stock
2025-04-01$10.47/sh−2,248$23,537→ 124,131 total - Exercise/Conversion
Restricted Stock Units
2025-04-01−6,564→ 79,588 totalExercise: $0.00→ Common Stock (6,564 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 April 1, 2024, with vesting in three installments on April 1, 2025 (25%), April 1, 2026 (25%) and April 1, 2027 (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; 6,565 RSUs will vest on April 1, 2026 and 13,130 RSUs will vest on April 1, 2027; and 6,822 will vest on March 24, 2026, 6,822 will vest on March 24, 2027 and 13,645 will vest on March 24, 2028; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.