SEC Form 4 · accession 0000799288-17-000060
LANDS' END, INC. · LE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerome Griffith
Officer — President and CEO · Director
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000799288
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | $0.00 | May 1, 2017 | A | 39,337 | A | — | — | Common Stock | 39,337 | 156,984 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the vesting considerations.
- F2These are time-based restricted stock units ("RSUs") that will vest, assuming continued employment, in three installments on May 1, 2018 (25%), May 1, 2019 (25%) and May 1, 2020 (50%).