Form 4 for LCUT LIFETIME BRANDS, INC

Accepted 2022-03-10 00:00:00 ET · period of report 2022-03-08 · accession 0001628280-22-005706 · 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
M	2022-03-10	2022-03-08+	LCUT	Kay Robert Bruce	CEO, Dir	F - Tax	$13.12	-13.7K	384.8K	-3%	-$180.4K
M	2022-03-10	2022-03-08	LCUT	Kay Robert Bruce	CEO, Dir	A - Grant	$0.00	+165.9K	392.3K	+73%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-03-08	F	D	6,234	$12.19	293,845	D	—	—	(F2) Portion of tax liability payment by withholding Common Stock incident to the vesting of PSUs.
2	Common	Common Stock	2022-03-09	F	D	7,509	$13.90	384,836	D	—	—	(F4) Payment of tax liability by withholding Common Stock incident to the vesting of 18,491 restricted stock. The restricted shares were granted on March 9, 2021 and vest in four equal installments on each of March 9, 2022, March 9, 2023, March 9, 2024, March 9, 2025.
3	Common	Common Stock	2022-03-08	A	A	67,356	$0.00	300,079	D	—	—	(F1) On June 27, 2019, 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, 2021. On March 8, 2022, the Compensation Committee determined that certain of the performance conditions were met and shares subject to the PSUs vested.
4	Common	Common Stock	2022-03-08	A	A	98,500	$0.00	392,345	D	—	—	(F3) The restricted stock was granted on March 8, 2022, pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vest 25% per year in four equal annual installments commencing on the first anniversary of the date of grant.