Rasmusen Sarah W. 4
4 · LANDS' END, INC. · Filed Jun 16, 2023
Insider Transaction Report
Form 4
Rasmusen Sarah W.
EVP, CHIEF CUSTOMER OFFICER
Transactions
- Award
Restricted Stock Units
2023-06-14+29,850→ 42,741 totalExercise: $0.00→ Common Stock (29,850 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]These are time-based RSUs that will vest, subject to satisfaction of vesting conditions including a continuous business relationship, in three annual installments on June 14, 2024 (25%), June 14, 2025 (25%) and June 14, 2026 (50%).
- [F3]Of the total number of RSUs, 3,902 RSUs will vest on March 19, 2024; 2,996 RSUs will vest on March 18, 2024, and 5,993 RSUs will vest on March 18, 2025; 7,462 RSUs will vest on June 14, 2024, 7,463 RSUs will vest on June 14, 2025, and 14,925 RSUs will vest on June 14, 2026, subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.