March 24, 2025 · Form 4 insider transaction
McCRACKEN BERNARD LOUIS III bought 65,209 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, 2,322 RSUs will vest on June 14, 2025 and 4,643 RSUs will vest on June 14, 2026; 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; and 16,302 will vest on March 24, 2026, 16,302 will vest on March 24, 2027 and 32,605 will vest on March 24, 2028; subject in each case to the satisfaction of vesting conditions, including maintaining a continuous business relationship.