McCRACKEN BERNARD LOUIS III 4
4 · LANDS' END, INC. · Filed Apr 3, 2025
Insider Transaction Report
Form 4
McCRACKEN BERNARD LOUIS III
CFO and Treasurer
Transactions
- Exercise/Conversion
Common Stock
2025-04-01+5,106→ 30,129 total - Tax Payment
Common Stock
2025-04-01$10.47/sh−1,634$17,108→ 28,495 total - Exercise/Conversion
Restricted Stock Units
2025-04-01−5,106→ 87,492 totalExercise: $0.00→ Common Stock (5,106 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, 2,322 RSUs will vest on June 14, 2025 and 4,643 RSUs will vest on June 14, 2026; 5,106 RSUs will vest on April 1, 2026 and 10,212 RSUs will vest on April 1, 2027; and 16,302 will vest on March 24, 2026, 16,302 will vest on March 24, 2027 and 32,605 will vest on March 24, 2028; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.