Filing Details
- Accession Number:
- 0001225208-21-004123
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-02 08:24:00
- Reporting Period:
- 2021-02-26
- Accepted Time:
- 2021-03-02 08:24:00
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 701985 | L Brands Inc. | LB | Retail-Women's Clothing Stores (5621) | 311029810 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1396061 | B Stuart Burgdoerfer | Three Limited Parkway Columbus OH 43230 | Evp & Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.50 Par Value | Acquisiton | 2021-02-26 | 23,611 | $41.88 | 101,490 | No | 4 | M | Direct | |
| Common Stock, $0.50 Par Value | Acquisiton | 2021-02-26 | 17,329 | $41.54 | 118,819 | No | 4 | M | Direct | |
| Common Stock, $0.50 Par Value | Acquisiton | 2021-02-26 | 12,884 | $27.94 | 131,703 | No | 4 | M | Direct | |
| Common Stock, $0.50 Par Value | Acquisiton | 2021-02-26 | 12,773 | $26.43 | 144,476 | No | 4 | M | Direct | |
| Common Stock, $0.50 Par Value | Acquisiton | 2021-02-26 | 5,732 | $47.10 | 150,208 | No | 4 | M | Direct | |
| Common Stock, $0.50 Par Value | Acquisiton | 2021-02-26 | 3,519 | $39.42 | 153,727 | No | 4 | M | Direct | |
| Common Stock, $0.50 Par Value | Disposition | 2021-02-26 | 75,848 | $54.56 | 77,879 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, $0.50 Par Value | Stock Option - Right to Buy | Disposition | 2021-02-26 | 12,773 | $0.00 | 12,773 | $26.43 |
| Common Stock, $0.50 Par Value | Stock Option - Right to Buy | Disposition | 2021-02-26 | 12,884 | $0.00 | 12,884 | $27.94 |
| Common Stock, $0.50 Par Value | Stock Option - Right to Buy | Disposition | 2021-02-26 | 23,611 | $0.00 | 23,611 | $41.88 |
| Common Stock, $0.50 Par Value | Stock Option - Right to Buy | Disposition | 2021-02-26 | 17,329 | $0.00 | 17,329 | $41.54 |
| Common Stock, $0.50 Par Value | Stock Option - Right to Buy | Disposition | 2021-02-26 | 5,732 | $0.00 | 5,732 | $47.10 |
| Common Stock, $0.50 Par Value | Stock Option - Right to Buy | Disposition | 2021-02-26 | 3,519 | $0.00 | 3,519 | $39.42 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2021-03-21 | No | 4 | M | Direct | |
| 25,770 | 2029-03-28 | No | 4 | M | Direct | |
| 0 | 2023-03-29 | No | 4 | M | Direct | |
| 0 | 2022-03-30 | No | 4 | M | Direct | |
| 8,599 | 2017-03-31 | No | 4 | M | Direct | |
| 14,080 | 2021-03-21 | 2028-03-21 | No | 4 | M | Direct |
Footnotes
- Price represents a weighted average of the sale price. Shares were sold at prices ranging from $54.44 to $54.89. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.
- Since the filing of Mr. Burgdoerfer's last Form 4, 7,336 shares of L Brands Common Stock were transferred for no consideration to his spouse pursuant to a domestic relations property settlement. Mr. Burgdoerfer disclaims beneficial ownership of the transferred shares.
- Option vests 20% on each of the second and third anniversaries of the date of grant and 30% on each of the fourth and fifth anniversaries of the date of grant.
- Option vests 1/3 per year beginning on the first anniversary of the date of grant.
Billionaire Hedge Funds
