Andrew J. McLean - Nov 1, 2022 Form 4 Insider Report for LANDS' END, INC. (LE)

Role: CEO - Designate, Director
Signature: /s/ Peter L. Gray, as Attorney-in-Fact for Andrew J. McLean
Stock symbol: LE
Transactions as of: Nov 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/3/2022, 04:17 PM
Previous filing: Jul 26, 2022
Next filing: Jun 16, 2023
SEC: View on sec.gov

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	Award	$0	+116K		$0.00	116K	Nov 1, 2022	Common Stock	116K	$0.00	Direct	F1
transaction	LE	Employee Stock Option (right to buy)	Award	$0	+168K		$0.00	168K	Nov 1, 2022	Common Stock	168K	$10.81	Direct	F2

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These are time-based restricted stock units (RSUs) that will vest in three annual installments on November 1, 2023 (25%), November 1, 2024 (25%) and November 1, 2025 (50%), subject to certain vesting conditions and acceleration events. Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the applicable vesting conditions.
F2	The option will vest in three annual installments on November 1, 2023 (25%), November 1, 2024 (25%) and November 1, 2025 (50%), subject to certain vesting conditions and acceleration events.