SEC Form 4 · accession 0001469326-18-000004
LIFETIME BRANDS, INC · LCUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Siegel
Officer — Executive Chairman · Director
Period of report
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 5:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874396
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 7, 2018 | A | 4,646 | $0.00 | A | 1,007,053 | D | |
| Common Stock | Mar 7, 2018 | F | 1,537 | $13.45 | D | 1,005,516 | D | |
| Common Stock | holding | — | — | — | 1,010 | I | Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 10, 2015, the reporting person received Deferred Stock (Performance vesting) grant (PSUs) that vest upon the satisfaction of certain performance conditions. On March 7, 2018, the Compensation Committee determined that certain of the performance conditions were met and a portion of the shares subject to the PSUs vested.
- F2Payment of tax liability by withholding Common Stock incident to the vesting of PSUs.