Form 4 for LE LANDS' END, INC.
Accepted 2024-06-18 00:00:00 ET · period of report 2024-06-14 · accession 0000950170-24-074849 · 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 | GRAY PETER L | CCO, CAO, GC | F - Tax | $14.42 | -3,537 | 114.7K | -3% | -$51.0K |
| D | 2024-06-18 | 2024-06-14 | LE | GRAY PETER L | CCO, CAO, GC | M - OptEx | $0.00 | +10.9K | 118.3K | +10% | $0 |
| D | 2024-06-18 | 2024-06-14 | LE | GRAY PETER L | CCO, CAO, GC | M - OptEx | $0.00 | -10.9K | 66.7K | -14% | $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 | F | D | 3,537 | $14.42 | 114,724 | D | — | — | (F2) Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs. |
| 2 | Common | Common Stock | 2024-06-14 | M | A | 10,867 | $0.00 | 118,261 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions. |
| 3 | Derivative | Restricted Stock Units | 2024-06-14 | M | D | 10,867 | $0.00 | 66,720 | D | $0.00 · — to — | 10,867 Common Stock | (F4) Of the total number of RSUs, 7,857 RSUs will vest on March 18, 2025; 10,868 RSUs will vest on June 14, 2025 and 21,736 RSUs will vest on June 14, 2026; and 6,564 RSUs will vest on April 1, 2025, 6,565 RSUs will vest on April 1, 2026 and 13,130 RSUs will vest on April 1, 2027; subject in each case to the satisfaction of vesting conditions, including maintaining 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%). |