Daniel Siegel - Mar 23, 2022 Form 4 Insider Report for LIFETIME BRANDS, INC (LCUT)

Role
President
Signature
/s/ Sara Shindel, attorney-in-fact for Daniel Siegel
Stock symbol
LCUT
Transactions as of
Mar 23, 2022
Transactions value $
-$11,781
Form type
4
Date filed
3/25/2022, 04:04 PM
Previous filing
Mar 21, 2022
Next filing
Jun 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCUT Common Stock Options Exercise $115K +9.9K +2.85% $11.64 357K Mar 23, 2022 Direct
transaction LCUT Common Stock Sale -$127K -9.9K -2.77% $12.83 347K Mar 23, 2022 Direct F1
holding LCUT Common Stock 8.4K Mar 23, 2022 Spouse
holding LCUT Common Stock 3.4K Mar 23, 2022 Custodian F2
holding LCUT Common Stock 3.4K Mar 23, 2022 Custodian F3

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 -9.9K -100% $0.00* 0 Mar 23, 2022 Common Stock 9.9K $11.64 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $12.55 to $13.10 per share. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
F2 Uniform Transfer to Minors Act Custodian for Child 1
F3 Uniform Transfer to Minors Act Custodian for Child 2
F4 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.