BERNARD LOUIS McCRACKEN III - Mar 18, 2025 Form 4 Insider Report for LANDS' END, INC. (LE)

Role
CFO and Treasurer
Signature
/s/ Peter L. Gray, as attorney-in-fact for Bernard L. McCracken
Stock symbol
LE
Transactions as of
Mar 18, 2025
Transactions value $
-$7,746
Form type
4
Date filed
3/20/2025, 04:15 PM
Previous filing
Jun 18, 2024
Next filing
Mar 26, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LE Common Stock Options Exercise $0 +1.86K +7.81% $0.00 25.7K Mar 18, 2025 Direct F1
transaction LE Common Stock Tax liability -$7.75K -696 -2.71% $11.13 25K Mar 18, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LE Restricted Stock Units Options Exercise $0 -1.86K -6.37% $0.00 27.4K Mar 18, 2025 Common Stock 1.86K $0.00 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
F2 Shares withheld by the issuer to satisfy reporting person's tax withholding obligation incurred in connection with the vesting of RSUs.
F3 This RSU award was granted on March 18, 2022, with vesting in three installments on March 18, 2023 (25%), March 18, 2024 (25%) and March 18, 2025 (50%).
F4 Of the total number of RSUs, 2,322 RSUs will vest on June 14, 2025 and 4,643 RSUs will vest on June 14, 2026; and 5,106 RSUs will vest on April 1, 2025, 5,106 RSUs will vest on April 1, 2026 and 10,212 RSUs will vest on April 1, 2027; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.