Leslie H. Wexner - 19 Jul 2021 Form 4 Insider Report for L Brands, Inc. (BBWI)

Role
10%+ Owner
Signature
/s/ Leslie H. Wexner
Issuer symbol
BBWI
Transactions as of
19 Jul 2021
Transactions value $
-$2,114,362,664
Form type
4
Filing time
20 Jul 2021, 17:04:12 UTC
Previous filing
07 Jun 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 Gift -10.8M -100% 0 28 Jun 2021 Direct F1, F2, F3, F5, F6
transaction BBWI Common Stock Gift +10.8M +62.92% 28M 28 Jun 2021 Direct F1, F2, F4, F5, F6
transaction BBWI Common Stock Sale -$435M -5.96M -100% $73.01 0 19 Jul 2021 See Note F5, F6, F7, F8, F9
transaction BBWI Common Stock Sale -$949M -13M -46.43% $73.01 15M 19 Jul 2021 Direct F4, F5, F6, F7
transaction BBWI Common Stock Sale -$730M -10M -66.67% $73.01 5M 19 Jul 2021 Direct F4, F5, F6, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Leslie H. Wexner is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Gift of shares from Abigail S. Wexner ("Mrs. Wexner") to Leslie H. Wexner ("Mr. Wexner").
F2 Not applicable. No consideration in exchange.
F3 Owned by Mrs. Wexner directly. Owned by Mr. Wexner indirectly, through Mrs. Wexner.
F4 Owned by Mr. Wexner directly. Owned by Mrs. Wexner indirectly, through Mr. Wexner.
F5 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.
F6 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.
F7 Sold to underwriter in a registered public offering.
F8 Comprised of sales of: 127,567 shares by The Linden East Trust; 3,611,181 shares by The Linden West Trust; 141,515 shares by The Beech Trust; 352,941 shares by Linden East II trust; 352,941 shares by Linden West II trust; 343,166 shares by Pine Trust; 343,166 shares by Willow Trust; 343,166 shares by Cedar Trust; and 343,166 shares by Rose Trust. Excludes shares sold by The Wexner Family Charitable Fund because Mr. and Mrs. Wexner do not have a pecuniary interest in such shares, as the charitable fund is a tax exempt organization pursuant to IRC Section 501(c)(3).
F9 Indirectly owned by Mr. Wexner and/or Mrs. Wexner.
F10 Sold to the Issuer.

Remarks:

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