Rasmusen Sarah W. 4

4 · LANDS' END, INC. · Filed Mar 28, 2022

Form 4

Period: 2022-03-24

EVP, CHIEF CUSTOMER OFFICER

Transactions

Tax Payment
Common Stock
2022-03-24$18.34/sh−3,151$57,789→ 20,051 total
Award
Common Stock
2022-03-24+9,844→ 23,202 total
Exercise/Conversion
Common Stock
2022-03-25+4,173→ 24,224 total
Tax Payment
Common Stock
2022-03-25$17.37/sh−1,336$23,206→ 22,888 total
Exercise/Conversion
Restricted Stock Units
2022-03-25−4,173→ 29,312 total
Exercise: $0.00→ Common Stock (4,173 underlying)

Footnotes (5)

[F1]Shares issued upon determination that performance criteria, related to performance-based RSUs awarded on March 25, 2019, had been met.
[F2]Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.
[F3]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
[F4]This RSU award was granted on March 25, 2019, with vesting in three installments on March 25, 2020 (25%), March 25, 2021 (25%) and March 25, 2022 (50%).
[F5]Of the total number of RSUs, 11,474 RSUs will vest on March 19, 2023; 1,951 RSUs will vest on March 19, 2023, and 3,902 RSUs will vest on March 19, 2024; 2,996 RSUs will vest on March 18, 2023, 2,996 RSUs will vest on March 18, 2024, and 5,993 RSUs will vest on March 18, 2025; subject in each case to the satisfaction of vesting conditions, including as applicable, continued employment or a continuous business relationship.

Documents

1 file