Form 4 for LE LANDS' END, INC.
Accepted 2024-06-18 00:00:00 ET · period of report 2024-06-14 · accession 0000950170-24-074832 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-06-18 | 2024-06-14 | LE | McLean Andrew J. | CEO, Dir | M - OptEx | $0.00 | +36.9K | 56.5K | +188% | $0 |
| D | 2024-06-18 | 2024-06-14 | LE | McLean Andrew J. | CEO, Dir | F - Tax | $14.42 | -15.6K | 40.9K | -28% | -$225.2K |
| D | 2024-06-18 | 2024-06-14 | LE | McLean Andrew J. | CEO, Dir | M - OptEx | $0.00 | -36.9K | 286.5K | -11% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-14 | M | A | 36,885 | $0.00 | 56,542 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions. |
| 2 | Common | Common Stock | 2024-06-14 | F | D | 15,617 | $14.42 | 40,925 | D | — | — | (F2) Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs. |
| 3 | Derivative | Restricted Stock Units | 2024-06-14 | M | D | 36,885 | $0.00 | 286,504 | D | $0.00 · — to — | 36,885 Common Stock | (F4) Of the total number of RSUs, 36,885 RSUs will vest on June 14, 2025 and 73,770 RSUs will vest on June 14, 2026; 28,908 RSUs will vest on November 1, 2024 and 57,817 RSUs will vest on November 1, 2025; and 22,281 RSUs will vest on April 1, 2025, 22,281 RSUs will vest on April 1, 2026 and 44,562 RSUs will vest on April 1, 2027; subject in each case to the satisfaction of vesting conditions, including as applicable, maintaining continued employment or a continuous business relationship. (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions. (F3) This RSU award was granted on June 14, 2023, with vesting in three installments on June 14, 2024 (25%), June 14, 2025 (25%) and June 14, 2026 (50%). |