SEC Form 4 · accession 0000799288-16-000132
LANDS' END, INC. · LE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Federica Marchionni
Officer — President and CEO · Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 5:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000799288
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 22,292 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | May 2, 2016 | A | 29,058 | A | — | — | Common Stock | 29,058 | 98,564 | D |
Explanation of responses
- F1These are time-based restricted stock units (RSUs) that will vest, subject to satisfaction of vesting conditions, including continued employment, in three installments on May 2, 2017 (25%), May 2, 2018 (25%) and May 2, 2019 (50%). Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the vesting considerations.