MICHAEL G. MORRIS - 08 Jul 2021 Form 4 Insider Report for L Brands, Inc. (BBWI)

Role
Director
Signature
Robert J. Tannous, Attorney-in-Fact
Issuer symbol
BBWI
Transactions as of
08 Jul 2021
Transactions value $
$0
Form type
4
Filing time
12 Jul 2021, 18:57:30 UTC
Previous filing
24 May 2021
Next filing
03 Aug 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, $0.50 par value Options Exercise $0 +60.4K +487.59% $0.00 72.8K 08 Jul 2021 Direct F1

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 Phantom Stock Options Exercise $0 -60.4K -100% $0.00* 0 08 Jul 2021 Common Stock, $0.50 par value 60.4K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock has the economic equivalent of one share of Issuer's common stock. On July 8, 2021, the reporting person's phantom stock units were settled for an equal number of shares of Issuer's common stock.