SEC Form 4 · accession 0000799288-17-000037

LANDS' END, INC. · LE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and CEO · Director

Period of report

Mar 23, 2017

Accepted (ET)

Mar 27, 2017 · 6:13 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	Mar 23, 2017	P	1,437	$19.00	A	21,222	D
Common Stock^F1	Mar 24, 2017	P	9,185	$19.49	A	30,407	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2	$0.00	holding	—	—	—	—	—	Common Stock	117,647	117,647	D
Employee Stock Option (right to buy)^F3	$18.10	holding	—	—	—	—	Mar 6, 2027	Common Stock	294,118	294,118	D

F1This price represents the approximate weighted average price per share of common stock of Lands' End, Inc. (the "Issuer"), par value $0.01 per share ("Shares"), of purchases that were executed at prices ranging from $19.40 to $19.50 per Share. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the price per Share and the number of Shares purchased at each price.
F2These are time-based restricted stock units (RSUs) that will vest in four equal annual installments beginning on March 6, 2018, subject to certain vesting conditions and acceleration events. Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the vesting considerations.
F3The option vests in four equal annual installments beginning on March 6, 2018, subject to vesting conditions and acceleration events.