March 24, 2025 · Form 4 insider transaction
GRAY PETER L bought 27,289 shares of Lands' End, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
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 March 24, 2026 (25%), March 24, 2027 (25%) and March 24, 2028 (50%).; Of the total number of RSUs, 10,868 RSUs will vest on June 14, 2025 and 21,736 RSUs will vest on June 14, 2026; 6,564 RSUs will vest on April 1, 2025, 6,565 RSUs will vest on April 1, 2026 and 13,130 RSUs will vest on April 1, 2027; and 6,822 will vest on March 24, 2026, 6,822 will vest on March 24, 2027 and 13,645 will vest on March 24, 2028; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.