SEC Form 3 · accession 0000799288-19-000004
LANDS' END, INC. · LE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chieh Tsai
Officer — CHIEF PRODUCT OFFICER
Period of report
Jan 7, 2019
Accepted (ET)
Jan 16, 2019 · 4:28 pm EST
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 | — | — | — | 1,928 | 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 | holding | — | — | — | — | — | Common Stock | 10,950 | — | D |
Explanation of responses
- F1Represents the total number of Restricted Stock Units ("RSUs"): 2,092 RSUs will vest on May 2, 2019; 841 RSUs will vest on May 1, 2019 and 1,682 RSUs will vest on May 1, 2020; and 6,335 RSUs will vest in three installments on March 26, 2019 (25%), March 26, 2020 (25%), and March 26, 2021 (50%), subject to satisfaction of vesting conditions, including continued employment. Each RSU represents a contingent right to receive one share of Lands' End, Inc. common stock.