-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MeZwdK/zBiiDsk+mZy5ds3WNI2uz8B28/MqZpiwwF10fVFwbctE2Wl8zk2pCbmqS kKlpJ7bMyvRPXT7sVPmRHQ== 0000799288-01-500009.txt : 20010129 0000799288-01-500009.hdr.sgml : 20010129 ACCESSION NUMBER: 0000799288-01-500009 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010123 ITEM INFORMATION: FILED AS OF DATE: 20010125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LANDS END INC CENTRAL INDEX KEY: 0000799288 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 362512786 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-09769 FILM NUMBER: 1515130 BUSINESS ADDRESS: STREET 1: ONE LANDS END LN CITY: DODGEVILLE STATE: WI ZIP: 53595 BUSINESS PHONE: 6089359341 MAIL ADDRESS: STREET 1: ONE LANDS END LANE STREET 2: ONE LANDS END LANE CITY: DODGEVILLE STATE: WI ZIP: 53595 8-K 1 securitespolicyjan23.txt 8-K ON SECURITY POLICY CHANGE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report(Date of earliest event reported) January 23, 2001 LANDS' END, INC. (exact name of registrant as specified in its charter) DELAWARE 1-9769 36-2512786 (State or other (Commission (I.R.S. Employer jurisdiction File Number) Identification of incorporation) Number) Lands' End Lane, Dodgeville, Wisconsin 53595 (Address of principal executive offices) (Zip Code) Registrant's telephone number 608-935-9341 including area code INFORMATION INCLUDED IN THIS REPORT Item 5. Other Events. Attached as Exhibit 99 to this report is a news release issued by Lands' End, Inc., announcing that its board of directors has revised the securities trading policy applicable to its officers and directors. SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, its duly authorized officer and chief financial officer. LANDS' END, INC. January 25, 2001 By: /s/ STEPHEN A. ORUM Stephen A. Orum Executive Vice President & Chief Financial Officer EXHIBIT 99 FOR IMMEDIATE RELEASE LANDS' END REVISES ITS SECURITIES TRADING POLICY DODGEVILLE, WIS. . . . January 23, 2001 . . . Lands' End, Inc. (LE) announced today that its board of directors has revised the securities trading policy applicable to its officers and directors. Subject to certain exceptions, the policy permits covered persons to conduct purchases and sales of the company's securities only during specified "window" periods. These periods are currently defined as the 30 business days commencing on the third business day following the public release of the company's sales and earnings information for each fiscal year, for each of its first and second fiscal quarters, and for the first 47 weeks of its fiscal year (or comparable eleven-month period). In light of recent rule changes adopted by the Securities and Exchange Commission, the board of directors has revised the company's trading policy to permit purchases and sales by covered persons to be made outside the applicable window periods if the transactions are made pursuant to a written contract, instruction or plan that has been designated by the company as a "qualified trading program." The company expects that its officers and directors will engage in transactions from time to time, both within and without window periods, pursuant to qualified trading programs. Without limiting the foregoing, Gary Comer and certain trusts for the benefit of his family intend to enter into qualified trading programs whereby an independent brokerage firm will have discretion to sell a total of approximately one million shares of the company's common stock on their behalf during 2001. Mr. Comer has advised the company that such sales will be made to diversify holdings and for estate planning purposes, and that such sales will be in addition to any shares that Mr. Comer may sell from time to time during window periods pursuant to an existing shelf registration statement or otherwise. Mr. Comer and trusts for the benefit of his family currently own approximately 16.7 million shares, or about 57% of the approximately 29.3 million shares of the company's common stock outstanding. Lands' End is a leading direct merchant of traditionally styled, classically inspired clothing, offered to customers throughout the world through regular mailings of its monthly and specialty catalogs and via the Internet at www.landsend.com. -0- Contact Charlotte LaComb: 608-935-4835 -----END PRIVACY-ENHANCED MESSAGE-----