TSAI CHIEH 4
4 · LANDS' END, INC. · Filed Mar 28, 2022
Insider Transaction Report
Form 4
TSAI CHIEH
Chief Product Officer
Transactions
- Award
Common Stock
2022-03-24+18,753→ 51,027 total - Tax Payment
Common Stock
2022-03-24$18.34/sh−4,710$86,381→ 46,317 total - Exercise/Conversion
Common Stock
2022-03-25+7,947→ 54,264 total - Exercise/Conversion
Restricted Stock Units
2022-03-25−7,947→ 34,101 totalExercise: $0.00→ Common Stock (7,947 underlying) - Tax Payment
Common Stock
2022-03-25$17.37/sh−1,996$34,671→ 52,268 total
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, 13,499 RSUs will vest on March 19, 2023; 2,295 RSUs will vest on March 19, 2023, and 4,591 RSUs will vest on March 19, 2024; 3,429 RSUs will vest on March 18, 2023, 3,429 RSUs will vest on March 18, 2024, and 6,858 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.