McLean Andrew J. 4
4 · LANDS' END, INC. · Filed Apr 3, 2025
Insider Transaction Report
Form 4
McLean Andrew J.
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2025-04-01+22,281→ 78,527 total - Tax Payment
Common Stock
2025-04-01$10.47/sh−7,130$74,651→ 71,397 total - Exercise/Conversion
Restricted Stock Units
2025-04-01−22,281→ 343,254 totalExercise: $0.00→ Common Stock (22,281 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, 57,817 RSUs will vest on November 1, 2025; 36,885 RSUs will vest on June 14, 2025 and 73,770 RSUs will vest on June 14, 2026; 22,281 RSUs will vest on April 1, 2026 and 44,562 RSUs will vest on April 1, 2027; and 26,984 will vest on March 24, 2026, 26,985 will vest on March 24, 2027 and 53,970 will vest on March 24, 2028; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.