Leslie H. Wexner - 13 May 2021 Form 4 Insider Report for L Brands, Inc. (BBWI)

Role
Director, 10%+ Owner
Signature
/s/ Leslie H. Wexner
Issuer symbol
BBWI
Transactions as of
13 May 2021
Net transactions value
+$20,814,915
Form type
4
Filing time
17 May 2021, 20:18:12 UTC
Next filing
21 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBWI Common Stock Options Exercise $7,275,002 +161,559 +1.1% $45.03 15,465,143 13 May 2021 Direct F1, F2, F3, F4
transaction BBWI Common Stock Options Exercise $2,308,803 +55,129 +0.36% $41.88 15,520,302 13 May 2021 Direct F1, F2, F3, F4
transaction BBWI Common Stock Options Exercise $6,132,552 +124,191 +0.8% $49.38 15,644,493 13 May 2021 Direct F1, F2, F3, F4
transaction BBWI Common Stock Options Exercise $2,308,533 +42,585 +0.27% $54.21 15,687,078 13 May 2021 Direct F1, F2, F3, F4
transaction BBWI Common Stock Options Exercise $2,340,033 +37,834 +0.24% $61.85 15,724,912 13 May 2021 Direct F1, F2, F3, F4
transaction BBWI Common Stock Options Exercise $449,993 +9,554 +0.06% $47.10 15,734,466 13 May 2021 Direct F1, F2, F3, F4

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 BBWI Stock option (right to buy) Options Exercise -161,559 -100% 0 13 May 2021 Common Stock 161,559 $45.03 Direct F1, F2, F4, F5, F6, F7, F8
transaction BBWI Stock option (right to buy) Options Exercise -55,129 -100% 0 13 May 2021 Common Stock 55,129 $41.88 Direct F1, F2, F4, F5, F6, F7, F8
transaction BBWI Stock option (right to buy) Options Exercise -124,191 -100% 0 13 May 2021 Common Stock 124,191 $49.38 Direct F1, F2, F4, F5, F6, F7, F8
transaction BBWI Stock option (right to buy) Options Exercise -42,585 -100% 0 13 May 2021 Common Stock 42,585 $54.21 Direct F1, F2, F4, F5, F6, F7, F8
transaction BBWI Stock option (right to buy) Options Exercise -37,834 -100% 0 13 May 2021 Common Stock 37,834 $61.85 Direct F1, F2, F4, F5, F6, F7, F8
transaction BBWI Stock option (right to buy) Options Exercise -9,554 -100% 0 13 May 2021 Common Stock 9,554 $47.10 Direct F1, F2, F4, F5, F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock option exercised by Leslie H. Wexner ("Mr. Wexner").
F2 Owned by Mr. Wexner directly. Owned by Abigail S. Wexner ("Mrs. Wexner") indirectly, through Mr. Wexner.
F3 See Exhibit 99.1 for a table of all non-derivative shares of the Issuer beneficially owned directly or indirectly by Mr. Wexner and Mrs. Wexner.
F4 Mr. Wexner and Mrs. Wexner disclaim beneficial ownership of all indirectly owned securities reported on this Form in excess of their respective pecuniary interests therein.
F5 Reflects adjustments from antidilution etc. pursuant to the Issuer's stock plan.
F6 Immediately.
F7 Not applicable.
F8 Reflects adjustment in connection with Mr. Wexner stepping down as CEO.

Remarks:

Exhibit 99.1 - Additional Responses and Joint Filer Information, incorporated herein by reference.