LAURENCE WINOKER - 29 Mar 2022 Form 4 Insider Report for LIFETIME BRANDS, INC (LCUT)

Role
SVP- Finance, CFO, & Treasurer
Signature
/s/ Sara Shindel, attorney-in-fact for Laurence Winoker
Issuer symbol
LCUT
Transactions as of
29 Mar 2022
Net transactions value
-$8,320
Form type
4
Filing time
31 Mar 2022, 17:03:31 UTC
Previous filing
10 Mar 2022
Next filing
28 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCUT Common Stock Options Exercise $116,400 +10,000 +10% $11.64 106,717 29 Mar 2022 Direct
transaction LCUT Common Stock Tax liability $124,720 -9,218 -8.6% $13.53 97,499 29 Mar 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LCUT Employee Stock Option (Right to buy) Options Exercise $0 -10,000 -100% $0.000000* 0 29 Mar 2022 Common Stock 10,000 $11.64 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of exercise price and tax liability by withholding Common Stock incident to the exercise of options.
F2 The options were granted on May 1, 2012. The options vested and became exercisable 25% a year in four equal annual installments on each of May 1, 2013, 2014, 2015 and 2016.