0001628280-22-005706.txt : 20220310 0001628280-22-005706.hdr.sgml : 20220310 20220310160630 ACCESSION NUMBER: 0001628280-22-005706 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220308 FILED AS OF DATE: 20220310 DATE AS OF CHANGE: 20220310 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kay Robert Bruce CENTRAL INDEX KEY: 0001733101 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19254 FILM NUMBER: 22729096 MAIL ADDRESS: STREET 1: 1000 STEWART AVENUE CITY: GARDEN CITY STATE: NY ZIP: 11530 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LIFETIME BRANDS, INC CENTRAL INDEX KEY: 0000874396 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 112682486 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1000 STEWART AVENUE CITY: GARDEN CITY STATE: NY ZIP: 11530 BUSINESS PHONE: 5166836000 MAIL ADDRESS: STREET 1: 1000 STEWART AVENUE STREET 2: 1000 STEWART AVENUE CITY: GARDEN CITY STATE: NY ZIP: 11530 FORMER COMPANY: FORMER CONFORMED NAME: LIFETIME HOAN CORP DATE OF NAME CHANGE: 19930328 4 1 wf-form4_164694637068750.xml FORM 4 X0306 4 2022-03-08 0 0000874396 LIFETIME BRANDS, INC LCUT 0001733101 Kay Robert Bruce C/O LIFETIME BRANDS, INC. 1000 STEWART AVENUE GARDEN CITY NY 11530 1 1 0 0 Chief Executive Officer Common Stock 2022-03-08 4 A 0 67356 0 A 300079 D Common Stock 2022-03-08 4 F 0 6234 12.19 D 293845 D Common Stock 2022-03-08 4 A 0 98500 0 A 392345 D Common Stock 2022-03-09 4 F 0 7509 13.90 D 384836 D Common Stock 63000 I Trust On June 27, 2019, the reporting person received a grant of performance shares (PSUs) that vest upon the satisfaction of certain performance conditions, with a performance period that ended December 31, 2021. On March 8, 2022, the Compensation Committee determined that certain of the performance conditions were met and shares subject to the PSUs vested. Portion of tax liability payment by withholding Common Stock incident to the vesting of PSUs. The restricted stock was granted on March 8, 2022, pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vest 25% per year in four equal annual installments commencing on the first anniversary of the date of grant. 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 in four equal installments on each of March 9, 2022, March 9, 2023, March 9, 2024, March 9, 2025. 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. Irrevocable family trust for which the reporting person's spouse is a trustee. /s/ Sara Shindel, attorney-in-fact for Robert B. Kay 2022-03-10