Benjamin Lawrence S. 4
4 · CLAIBORNE LIZ INC · Filed Jan 31, 2011
Insider Transaction Report
Form 4
Benjamin Lawrence S.
Director
Transactions
- Award
Common Stock, par value $1 per share
2011-01-27$5.14/sh+19,455$99,999→ 19,455 total
Footnotes (1)
- [F1]Grant of shares as part of Reporting Person's fee for serving as director. Pursuant to Issuer's Outside Directors' Deferral Plan, Reporting Person has elected to defer receipt of all of the shares of the award. These shares are subject to the following restrictions on transfer: 25% of the shares may be transferred following the 1st and 2nd grant date anniversary and the remaining 50% may be transferred following the 3rd grant date anniversary.