RITCHIE KELLY 4
4 · LANDS' END, INC. · Filed May 5, 2020
Insider Transaction Report
Form 4
RITCHIE KELLY
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2020-05-01+3,974→ 34,696 total - Exercise/Conversion
Restricted Stock Units
2020-05-01−3,974→ 36,316 totalExercise: $0.00→ Common Stock (3,974 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
- [F2]This RSU award was granted on May 1, 2017, with vesting in three installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%).
- [F3]Of the total number of RSUs, 4,499 RSUs will vest on March 26, 2021; 3,226 RSUs will vest on March 25, 2021; 6,453 RSUs will vest on March 25, 2022; and 22,138 RSUs will vest in three annual installments on March 19, 2021 (25%), March 19, 2022 (25%) and March 19, 2023 (50%); subject in each case to the satisfaction of vesting conditions, including continued employment.