Robert B. Kay - Mar 8, 2025 Form 4 Insider Report for LIFETIME BRANDS, INC (LCUT)

Signature
/s/ Sara Shindel, attorney-in-fact for Robert B. Kay
Stock symbol
LCUT
Transactions as of
Mar 8, 2025
Transactions value $
-$226,402
Form type
4
Date filed
3/11/2025, 05:29 PM
Previous filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCUT Common Stock Tax liability -$65.1K -12.6K -2.3% $5.18 533K Mar 8, 2025 Direct F1
transaction LCUT Common Stock Tax liability -$49.6K -9.57K -1.8% $5.18 524K Mar 8, 2025 Direct F2
transaction LCUT Common Stock Tax liability -$62.8K -12.1K -2.32% $5.18 512K Mar 8, 2025 Direct F3
transaction LCUT Common Stock Tax liability -$48.9K -9.44K -1.85% $5.18 502K Mar 9, 2025 Direct F4
transaction LCUT Common Stock Award $0 +197K +39.23% $0.00 699K Mar 11, 2025 Direct F5
holding LCUT Common Stock 66K Mar 8, 2025 Trust F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax liability by withholding Common Stock incident to the vesting of 24,625 restricted stock. The restricted shares were granted on March 8, 2022 and vest 25% per year in four equal installments on each of March 8, 2023, March 8, 2024, March 8, 2025, and March 8, 2026.
F2 Payment of tax liability by withholding Common Stock incident to the vesting of 18,750 restricted stock. The restricted shares were granted on March 8, 2023 and vest 25% per year in four equal installments on each of March 8, 2024, March 8, 2025, March 8, 2026, and March 8, 2027.
F3 Payment of tax liability by withholding Common Stock incident to the vesting of 23,750 restricted stock. The restricted shares were granted on March 8, 2024 and vest 25% per year in four equal installments on each of March 8, 2025, March 8, 2026, March 8, 2027, and March 8, 2028.
F4 Payment of tax liability by withholding Common Stock incident to the vesting of 18,491 restricted stock. The restricted shares were granted on March 9, 2021 and vest 25% per year in four equal installments on each of March 9, 2022, March 9, 2023, March 9, 2024, and March 9, 2025.
F5 The restricted stock was granted on March 11, 2025 pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vests 25% per year in four equal annual installments commencing on the first anniversary of the date of grant.
F6 The reporting person disclaims beneficial ownership of all securities held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F7 Irrevocable family trust for which the reporting person's spouse is a trustee.