0000950170-24-041041.txt : 20240403
0000950170-24-041041.hdr.sgml : 20240403
20240403160439
ACCESSION NUMBER: 0000950170-24-041041
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240401
FILED AS OF DATE: 20240403
DATE AS OF CHANGE: 20240403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McCRACKEN BERNARD LOUIS III
CENTRAL INDEX KEY: 0001514537
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09769
FILM NUMBER: 24818653
MAIL ADDRESS:
STREET 1: 500 PLAZA DRIVE
CITY: SECAUCUS
STATE: NJ
ZIP: 07094
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LANDS' END, INC.
CENTRAL INDEX KEY: 0000799288
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 362512786
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0127
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
FORMER COMPANY:
FORMER CONFORMED NAME: LAND'S END, INC.
DATE OF NAME CHANGE: 20140527
FORMER COMPANY:
FORMER CONFORMED NAME: LAND'S END, INC
DATE OF NAME CHANGE: 20140527
FORMER COMPANY:
FORMER CONFORMED NAME: LANDS END INC
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
4
X0508
4
2024-04-01
0000799288
LANDS' END, INC.
LE
0001514537
McCRACKEN BERNARD LOUIS III
1 LANDS' END LANE
DODGEVILLE
WI
53595
false
true
false
false
CFO and Treasurer
false
Restricted Stock Units
0.00
2024-04-01
4
A
false
20424
0
A
Common Stock
20424
31574
D
Performance Rights
2024-04-01
4
A
false
10212
0.00
A
Common Stock
10212
10212
D
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
These are time-based RSUs that will vest, subject to satisfaction of vesting conditions including a continuous business relationship, in three annual installments on April 1, 2025 (25%), April 1, 2026 (25%) and April 1, 2027 (50%).
Of the total number of RSUs, 1,864 RSUs will vest on March 18, 2025; 2,321 RSUs will vest on June 14, 2024, 2,322 RSUs will vest on June 14, 2025, and 4,643 RSUs will vest on June 14, 2026; and 5,106 RSUs will vest on April 1, 2025, 5,106 RSUs will vest on April 1, 2026, and 10,212 RSUs will vest on April 1, 2027; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.
Each performance right represents a contingent right to receive one share of issuer common stock subject to certification of performance following fiscal year 2026. The performance rights vest up to 100% of the listed target number of shares upon issuer common stock achieving a specified average per share closing stock price over a specified number of trading days, and subject to the satisfaction of other vesting conditions, including maintaining a continuous business relationship with the issuer through the payment date.
No later than 90 days following the completion of the audit for issuer's fiscal year ending January 29, 2027, the Compensation Committee of the Board of Directors of the issuer shall determine achievement of performance goals in its sole discretion and the date upon which the Compensation Committee determines such performance shall be the applicable vesting date.
/s/ Peter L. Gray as attorney-in-fact for Bernard L. McCracken
2024-04-03