0000799288-14-000030.txt : 20140917 0000799288-14-000030.hdr.sgml : 20140917 20140917170100 ACCESSION NUMBER: 0000799288-14-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140911 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20140917 DATE AS OF CHANGE: 20140917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LANDS' END, INC. CENTRAL INDEX KEY: 0000799288 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 362512786 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09769 FILM NUMBER: 141108486 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 8-K 1 a091720148-kexecutivestock.htm 8-K 09.17.2014 8-K Executive Stock Compensation





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): April 29, 2014


LANDS’ END, INC.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware
 
001-09769
 
36-2512786
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
1 Lands’ End Lane, Dodgeville, Wisconsin
 
53595
(Address of Principal Executive Offices)
 
(Zip Code)
 
Registrant's telephone number, including area code: (608) 935-9341

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 




Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 11, 2014, Lands’ End, Inc. (the “Company”) made a cash payment of $247,976.67 to Edgar O. Huber, the President and Chief Executive Officer of the Company. The amount paid represents the first of two equal installments of a cash make-whole award that was granted to Mr. Huber by the Company to replace shares of unvested restricted stock of Sears Holding Corporation (“SHC”) and unvested cash awards granted by SHC of equivalent value that were forfeited at the time of the Company’s spin-off from SHC on April 4, 2014 (“Make-Whole Award”). The second installment of Mr. Huber’s Make-Whole Award is scheduled to vest on September 1, 2015, subject to Mr. Huber being employed by the Company on such date. The Company also granted a Make-Whole Award to Michael P. Rosera, Executive Vice President, Chief Operating Officer, Chief Financial Officer and Treasurer of the Company. Mr. Rosera’s Make-Whole Award vests in two installments of $74,641.11 each on October 1, 2014 and October 1, 2015, subject to Mr. Rosera being employed by the Company on such dates. The Make-Whole Awards vest on the same schedule as the SHC awards that were replaced. The Benefit Plan Subcommittee of the Compensation Committee of the Board of Directors of the Company approved the Make-Whole Awards on April 29, 2014.

 
 






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


LANDS’ END, INC.


Date: September 17, 2014                By: /s/     Dorian R. Williams            
Name: Dorian Williams
Title: Senior Vice President, General Counsel and Corporate Secretary