Form 4 for LE LANDS' END, INC.
Accepted 2022-03-28 00:00:00 ET · period of report 2022-03-24 · accession 0001209191-22-021357 · 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 | 2022-03-28 | 2022-03-24 | LE | TSAI CHIEH | EVP, Chief Product Off | A - Grant | $0.00 | +18.8K | 51.0K | +58% | $0 |
| DM | 2022-03-28 | 2022-03-24+ | LE | TSAI CHIEH | EVP, Chief Product Off | F - Tax | $18.05 | -6,706 | 46.3K | -13% | -$121.1K |
| D | 2022-03-28 | 2022-03-25 | LE | TSAI CHIEH | EVP, Chief Product Off | M - OptEx | $0.00 | +7,947 | 54.3K | +17% | $0 |
| D | 2022-03-28 | 2022-03-25 | LE | TSAI CHIEH | EVP, Chief Product Off | M - OptEx | $0.00 | -7,947 | 34.1K | -19% | $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 | 2022-03-24 | A | A | 18,753 | $0.00 | 51,027 | D | — | — | (F1) Shares issued upon determination that performance criteria, related to performance-based RSUs awarded on March 25, 2019, had been met. |
| 2 | Common | Common Stock | 2022-03-25 | F | D | 1,996 | $17.37 | 52,268 | D | — | — | (F2) Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs. |
| 3 | Common | Common Stock | 2022-03-25 | M | A | 7,947 | $0.00 | 54,264 | D | — | — | (F3) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions. |
| 4 | Common | Common Stock | 2022-03-24 | F | D | 4,710 | $18.34 | 46,317 | D | — | — | (F2) Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs. |
| 5 | Derivative | Restricted Stock Units | 2022-03-25 | M | D | 7,947 | $0.00 | 34,101 | D | $0.00 · — to — | 7,947 Common Stock | (F5) Of the total number of RSUs, 13,499 RSUs will vest on March 19, 2023; 2,295 RSUs will vest on March 19, 2023, and 4,591 RSUs will vest on March 19, 2024; 3,429 RSUs will vest on March 18, 2023, 3,429 RSUs will vest on March 18, 2024, and 6,858 RSUs will vest on March 18, 2025; subject in each case to the satisfaction of vesting conditions, including as applicable, continued employment or a continuous business relationship. (F3) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions. (F4) This RSU award was granted on March 25, 2019, with vesting in three installments on March 25, 2020 (25%), March 25, 2021 (25%) and March 25, 2022 (50%). |