Form 4 for LCUT LIFETIME BRANDS, INC
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-08 · accession 0001628280-24-010572 · 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 | 2024-03-12 | 2024-03-08+ | LCUT | SIEGEL DANIEL | Pres | F - Tax | $9.76 | -9,300 | 388.5K | -2% | -$90.8K |
| M | 2024-03-12 | 2024-03-08 | LCUT | SIEGEL DANIEL | Pres | A - Grant | $0.00 | +33.2K | 389.8K | +9% | $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 | 2024-03-08 | F | D | 1,577 | $9.76 | 369,827 | D | — | — | (F4) Payment of tax liability by withholding Common Stock incident to the vesting of 4,375 restricted stock. The restricted shares were granted on March 8, 2023 and vest 25% per year in four equal installments on each of March 8, 2024, March 8, 2025, March 8, 2026, and March 8, 2027. |
| 2 | Common | Common Stock | 2024-03-08 | F | D | 1,487 | $9.76 | 371,404 | D | — | — | (F3) Payment of tax liability by withholding Common Stock incident to the vesting of 4,125 restricted stock. The restricted shares were granted on March 8, 2022 and vest 25% per year in four equal installments on each of March 8, 2023, March 8, 2024, March 8, 2025, and March 8, 2026. |
| 3 | Common | Common Stock | 2024-03-08 | F | D | 4,884 | $9.76 | 372,891 | D | — | — | (F2) Portion of tax liability payment by withholding Common Stock incident to the vesting of PSUs. |
| 4 | Common | Common Stock | 2024-03-08 | A | A | 13,174 | $0.00 | 377,775 | D | — | — | (F1) On March 9, 2021, the reporting person received a grant of performance shares (PSUs) that vest upon the satisfaction of certain performance conditions, for the performance period that ended December 31, 2023. On March 8, 2024, the Compensation Committee determined that certain of the performance conditions were met and shares subject to the PSUs vested. |
| 5 | Common | Common Stock | 2024-03-09 | F | D | 1,352 | $9.76 | 388,475 | D | — | — | (F6) Payment of tax liability by withholding Common Stock incident to the vesting of 3,750 restricted stock. The restricted shares were granted on March 9, 2021 and vest 25% per year in four equal installments on each of March 9, 2022, March 9, 2023, March 9, 2024, and March 9, 2025. |
| 6 | Common | Common Stock | 2024-03-08 | A | A | 20,000 | $0.00 | 389,827 | D | — | — | (F5) The restricted stock was granted on March 8, 2024 pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vests 25% per year in four equal annual installments commencing on the first anniversary of the date of grant. |