4//SEC Filing
Kay Robert Bruce 4
Accession 0001628280-23-007514
CIK 0000874396other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 4:04 PM ET
Size
12.8 KB
Accession
0001628280-23-007514
Insider Transaction Report
Form 4
Kay Robert Bruce
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2023-03-08+75,000→ 448,431 total - Tax Payment
Common Stock
2023-03-08$5.92/sh−4,158$24,615→ 382,308 total - Tax Payment
Common Stock
2023-03-08$5.92/sh−8,877$52,552→ 373,431 total - Award
Common Stock
2023-03-08+11,649→ 386,466 total - Tax Payment
Common Stock
2023-03-09$6.09/sh−6,666$40,596→ 441,765 total
Holdings
- 63,000(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]On June 25, 2020, the reporting person received a grant of performance shares (PSUs) that vest upon the satisfaction of certain performance conditions, with a performance period that ended December 31, 2022. On March 8, 2023, the Compensation Committee determined that certain of the performance conditions were met and shares subject to the PSUs vested.
- [F2]Portion of tax liability payment by withholding Common Stock incident to the vesting of PSUs.
- [F3]Payment of tax liability by withholding Common Stock incident to the vesting of 24,625 restricted stock. The restricted shares were granted on March 8, 2022 and vests 25% per year in four equal installments on each of March 8, 2023, March 8, 2024, March 8, 2025, and March 8, 2026.
- [F4]The restricted stock was granted on March 8, 2023 pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vests 25% per year in four equal annual installments commencing on the first anniversary of the date of grant.
- [F5]Payment of tax liability by withholding Common Stock incident to the vesting of 18,491 restricted stock. The restricted shares were granted on March 9, 2021 and vests 25% per year in four equal installments on each of March 9, 2022, March 9, 2023, March 9, 2024, and March 9, 2025.
- [F6]The reporting person disclaims beneficial ownership of all securities held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F7]Irrevocable family trust for which the reporting person's spouse is a trustee.
Documents
Issuer
LIFETIME BRANDS, INC
CIK 0000874396
Entity typeother
Related Parties
1- filerCIK 0001733101
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 4:04 PM ET
- Size
- 12.8 KB