X0306 4 2015-01-27 0 0000701985 L Brands, Inc. LB 0000901359 Wexner Leslie H. C/O L BRANDS, INC THREE LIMITED PARKWAY COLUMBUS OH 43216 1 1 1 0 Chairman and CEO 0001250041 WEXNER ABIGAIL S C/O L BRANDS INC THREE LIMITED PARKWAY COLUMBUS OH 43216 1 1 1 0 Chairman and CEO Common Stock 2014-12-18 5 G 0 750000 D 16079924 D Common Stock 2015-01-27 4 M 0 87443 A 16167367 D Restricted Stock Units 2015-01-27 4 M 0 87443 D Common Stock 87443 87442 D Not applicable. Owned by Leslie H. Wexner ("Mr. Wexner") directly. Owned by Abigail S. Wexner ("Mrs. Wexner") indirectly, through Mr. Wexner. 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. 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. The performance condition of a performance-based restricted share unit ("RSU") award previously granted to Mr. Wexner by the Issuer was satisfied on February 24, 2012, and then the RSUs vest generally based on his continued employment. The RSUs confer no voting rights and may not be sold until they automatically settle for an equivalent number of shares of common stock of the Issuer on the vesting date or dates. A portion of the RSUs vested on January 27, 2015. Reflects adjustments from antidilution etc. pursuant to the Issuer's stock plan. Vests in installments as follows, reflecting adjustments from antidilution etc. pursuant to the Issuer's incentive plan: 1/27/2013 - 57,241 shares; 1/27/2014 - 57,241 shares; 1/27/2015 - 87,443 shares; and 1/27/2016 - 87,442 shares, subject to earlier forfeiture or acceleration. Remarks Exhibit 99.1: Additional Responses and Joint Filer Information, incorporated herein by reference. /s/ Leslie H. Wexner 2015-01-29