WINOKER LAURENCE 4
4 · LIFETIME BRANDS, INC · Filed Mar 10, 2023
Insider Transaction Report
Form 4
WINOKER LAURENCE
EVP, Treasurer, & CFO
Transactions
- Award
Common Stock
2023-03-08+11,000→ 107,722 total - Award
Common Stock
2023-03-08+5,242→ 100,658 total - Tax Payment
Common Stock
2023-03-08$5.92/sh−2,849$16,866→ 97,809 total - Tax Payment
Common Stock
2023-03-08$5.92/sh−1,087$6,435→ 96,722 total - Tax Payment
Common Stock
2023-03-09$6.09/sh−849$5,170→ 106,873 total
Footnotes (5)
- [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 2,000 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 1,563 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.