SEC Form 4 · accession 0000799288-17-000077
LANDS' END, INC. · LE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rebecca L Gebhardt
Officer — EVP, Chief Marketing Officer
Period of report
May 20, 2017
Accepted (ET)
May 23, 2017 · 5:57 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 StockF1 | May 20, 2017 | M | 6,079 | $0.00 | A | 11,227 | D | |
| Common StockF2 | May 20, 2017 | F | 2,134 | $18.10 | D | 9,093 | 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,F3 | $0.00 | May 20, 2017 | M | 6,079 | D | — | — | Common Stock | 6,079 | 16,360 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represented a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
- F2Represents shares surrendered to the issuer for payment of the reporting person's tax withholding obligation incurred in connection with the vesting of RSUs on May 20, 2017.
- F3This RSU award was granted on May 20, 2014, with vesting in three annual installments on May 20, 2015 (25%), May 20, 2016 (25%) and May 20, 2017 (50%).