Robert B. Kay - Jun 25, 2022 Form 4 Insider Report for LIFETIME BRANDS, INC (LCUT)

Role
Chief Executive Officer, Director
Signature
/s/ Sara Shindel, attorney-in-fact for Robert B. Kay
Stock symbol
LCUT
Transactions as of
Jun 25, 2022
Transactions value $
-$117,151
Form type
4
Date filed
6/28/2022, 07:12 PM
Previous filing
Mar 10, 2022
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCUT Common Stock Tax liability -$15K -1.28K -0.33% $11.78 384K Jun 25, 2022 Direct F1
transaction LCUT Common Stock Tax liability -$93.4K -7.98K -2.08% $11.71 376K Jun 27, 2022 Direct F2
transaction LCUT Common Stock Tax liability -$8.71K -766 -0.2% $11.37 375K Jun 28, 2022 Direct F3
holding LCUT Common Stock 63K Jun 25, 2022 Trust F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax liability by withholding Common Stock incident to the vesting of 2,500 restricted stock. The restricted shares were granted on June 25, 2020 and vests 25% per year in four equal installments on each of June 25, 2021, June 25, 2022, June 25, 2023 and June 25, 2024.
F2 Payment of tax liability by withholding Common Stock incident to the vesting of 15,625 restricted stock. The restricted shares were granted on June 27, 2019 and vests 25% per year in four equal installments on each of June 27, 2020, June 27, 2021, June 27, 2022 and June 27, 2023.
F3 Payment of tax liability by withholding Common Stock incident to the vesting of 1,500 restricted stock. The restricted shares were granted on June 28, 2018 and vests 25% per year in four equal installments on each of June 28, 2019, June 28, 2020, June 28, 2021 and June 28, 2022.
F4 The reporting person disclaims beneficial ownership of all securities held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F5 Irrevocable family trust for which the resporting person's spouse is a trustee.