Form 4 for LE LANDS' END, INC.
Accepted 2025-04-03 00:00:00 ET · period of report 2025-04-01 · accession 0000950170-25-050335 · 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 | 2025-04-03 | 2025-04-01 | LE | GRAY PETER L | CAO, GC, Pres LE Licensing | M - OptEx | $0.00 | +6,564 | 126.4K | +5% | $0 |
| D | 2025-04-03 | 2025-04-01 | LE | GRAY PETER L | CAO, GC, Pres LE Licensing | F - Tax | $10.47 | -2,248 | 124.1K | -2% | -$23.5K |
| D | 2025-04-03 | 2025-04-01 | LE | GRAY PETER L | CAO, GC, Pres LE Licensing | M - OptEx | $0.00 | -6,564 | 79.6K | -8% | $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 | 2025-04-01 | M | A | 6,564 | $0.00 | 126,379 | 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 | 2025-04-01 | F | D | 2,248 | $10.47 | 124,131 | 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 | 2025-04-01 | M | D | 6,564 | $0.00 | 79,588 | D | $0.00 · — to — | 6,564 Common Stock | (F4) Of the total number of RSUs, 10,868 RSUs will vest on June 14, 2025 and 21,736 RSUs will vest on June 14, 2026; 6,565 RSUs will vest on April 1, 2026 and 13,130 RSUs will vest on April 1, 2027; and 6,822 will vest on March 24, 2026, 6,822 will vest on March 24, 2027 and 13,645 will vest on March 24, 2028; 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 April 1, 2024, with vesting in three installments on April 1, 2025 (25%), April 1, 2026 (25%) and April 1, 2027 (50%). |