<SEC-DOCUMENT>0001140361-19-009372.txt : 20190517
<SEC-HEADER>0001140361-19-009372.hdr.sgml : 20190517
<ACCEPTANCE-DATETIME>20190517170037
ACCESSION NUMBER:		0001140361-19-009372
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190515
FILED AS OF DATE:		20190517
DATE AS OF CHANGE:		20190517

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Wexner Leslie H.
		CENTRAL INDEX KEY:			0000901359

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08344
		FILM NUMBER:		19836595

	MAIL ADDRESS:	
		STREET 1:		C/O L BRANDS, INC.
		STREET 2:		THREE LIMITED PARKWAY
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43216

	FORMER NAME:	
		FORMER CONFORMED NAME:	WEXNER LESLIE H
		DATE OF NAME CHANGE:	19930420

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WEXNER ABIGAIL S
		CENTRAL INDEX KEY:			0001250041

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08344
		FILM NUMBER:		19836596

	MAIL ADDRESS:	
		STREET 1:		C/O L BRANDS, INC.
		STREET 2:		THREE LIMITED PARKWAY
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43216

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			L Brands, Inc.
		CENTRAL INDEX KEY:			0000701985
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-WOMEN'S CLOTHING STORES [5621]
		IRS NUMBER:				311029810
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0202

	BUSINESS ADDRESS:	
		STREET 1:		THREE LIMITED PKWY
		STREET 2:		P O BOX 16000
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43216
		BUSINESS PHONE:		6144157000

	MAIL ADDRESS:	
		STREET 1:		THREE LIMITED PARKWAY
		STREET 2:		P.O. BOX 16000
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43216

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIMITED BRANDS INC
		DATE OF NAME CHANGE:	20020613

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIMITED INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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            <isOfficer>true</isOfficer>
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            <rptOwnerName>WEXNER ABIGAIL S</rptOwnerName>
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    <footnotes>
        <footnote id="F1">The performance condition for a portion of a performance-based restricted stock unit (&quot;RSU&quot;) award previously granted to Leslie H. Wexner (&quot;Mr. Wexner&quot;) was satisfied on May 15, 2019, and such portion was vested and automatically settled for an equivalent number of shares of common stock of the Issuer on such date.</footnote>
        <footnote id="F2">Reflects adjustments from antidilution etc. pursuant to the Issuer's incentive plan.</footnote>
        <footnote id="F3">Not applicable.</footnote>
        <footnote id="F4">Owned by Mr. Wexner directly. Owned by Abigail S. Wexner (&quot;Mrs. Wexner&quot;) indirectly, through Mr. Wexner.</footnote>
        <footnote id="F5">See Exhibit 99.1 for a table of all non-derivative shares of the Issuer beneficially owned directly or indirectly by Mr. Wexner and Mrs. Wexner.</footnote>
        <footnote id="F6">Mr. Wexner and Mrs. Wexner disclaim beneficial ownership of all indirectly owned securities reported on this Form in excess of their respective pecuniary interests therein.</footnote>
    </footnotes>

    <remarks>Exhibit 99.1:   Joint Filer Information, incorporated herein by reference.</remarks>

    <ownerSignature>
        <signatureName>/s/ Leslie H. Wexner</signatureName>
        <signatureDate>2019-05-17</signatureDate>
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    <ownerSignature>
        <signatureName>/s/ Abigail S. Wexner</signatureName>
        <signatureDate>2019-05-17</signatureDate>
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<TYPE>EX-99.1
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<DESCRIPTION>EXHIBIT 99.1
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      <div style="text-align: right; text-indent: -216pt; margin-left: 216pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;"><u>Exhibit 99.1</u></font></div>
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              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Leslie H. Wexner</font></div>
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              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">c/o L Brands, Inc.</font></div>
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              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Three Limited Parkway</font></div>
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              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Columbus, OH&#160; 43216</font></div>
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              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">5/15/2019</font></div>
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            <td style="width: 18.3%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
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            <td style="width: 18.3%; vertical-align: top; background-color: rgb(204, 238, 255);">
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              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Wexner Personal Holdings Corporation</font></div>
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          </tr>
          <tr>
            <td style="width: 18.3%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
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            <td style="width: 18.3%; vertical-align: top; background-color: rgb(204, 238, 255);">
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            <td style="width: 25.36%; vertical-align: top; background-color: rgb(204, 238, 255);">
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              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The Beech Trust</font></div>
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          <tr>
            <td style="width: 18.3%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
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            <td style="width: 18.3%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Common Stock</font></div>
            </td>
            <td style="width: 2.72%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
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              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">1,914,894&#160; (5)</font></div>
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              <div style="text-align: left; margin-left: 35.1pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">I&#160; (3)</font></div>
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            <td style="width: 28.26%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Held in L Brands, Inc. Savings and Retirement Plan for Leslie H. Wexner&#8217;s account</font></div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">See Notes on next page.</font></div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> <br>
        </font></div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">Page 1 of 3</font></div>
        <div style="page-break-after:always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z0e3118fae1db406c9a88eb4bfe8ae6ce">

          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Name and Address of Reporting Person:</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Leslie H. Wexner</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">c/o L Brands, Inc.</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Three Limited Parkway</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Columbus, OH&#160; 43216</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Issuer Name and Ticker or Trading Symbol:</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">L Brands, Inc. (LB)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Date of Earliest Transaction Required </font></div>
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">to be Reported (Month/Day/Year):</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> <br>
                </font></div>
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">5/15/2019</font></div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Notes</u></font>:</font></div>
      <div><br>
      </div>
      <div style="text-align: left;">
        <div>
          <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z13e24b5d052d40a0a74d849b0685a323">

              <tr>
                <td style="width: 21.6pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(1)</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: 'Times New Roman';">Owned by Abigail S. Wexner (&#8220;Mrs. Wexner&#8221;) directly.&#160; Owned by Leslie H. Wexner (&#8220;Mr. Wexner&#8221;) indirectly, through Mrs. Wexner.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div><br>
      </div>
      <div style="text-align: left;">
        <div>
          <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z07ea8b6570954a4388c749f9e272730e">

              <tr>
                <td style="width: 21.6pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(2)</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: 'Times New Roman';">Owned by Mr. Wexner directly.&#160; Owned by Mrs. Wexner indirectly, through Mr. Wexner.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div><br>
      </div>
      <div style="text-align: left;">
        <div>
          <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z190d34b2d7664f498f8485df37387a52">

              <tr>
                <td style="width: 21.6pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(3)</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: 'Times New Roman';">Owned by Mr. Wexner indirectly.&#160; Owned by Mrs. Wexner indirectly, through Mr. Wexner.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div><br>
      </div>
      <div style="text-align: left;">
        <div>
          <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zd538c62e0c274b5e982e80ff99ce240e">

              <tr>
                <td style="width: 21.6pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(4)</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: 'Times New Roman';">Owned by Mrs. Wexner indirectly.&#160; Owned by Mr. Wexner indirectly, through Mrs. Wexner.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div><br>
      </div>
      <div style="text-align: left;">
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                <td style="width: 21.6pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(5)</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: 'Times New Roman';">Based on account balance as of April 30, 2019.&#160; The Savings and Retirement Plan is a &#8220;qualified plan&#8221; within the meaning of Rule 16b-3.</font></div>
                </td>
              </tr>

          </table>
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      <div><br>
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      <div style="text-align: left;">
        <div>
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                <td style="width: 21.6pt; vertical-align: top; align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(6)</font></td>
                <td style="width: auto; vertical-align: top; text-align: left;">
                  <div><font style="font-size: 10pt; font-family: 'Times New Roman';">Reflects the transfer on April 8, 2019, of 4,853,400 shares from the Magnolia 2017 Trust to Mrs. Wexner (in a transaction exempt under Rule 16a-13).</font></div>
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      <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Mr. Wexner and Mrs. Wexner disclaim beneficial ownership of all indirectly owned securities reported on this Form in excess of their respective pecuniary
          interests therein.</font></div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">This Form does not report the shares of Common Stock owned by The Wexner Family Charitable Fund (for which each of Mr. and Mrs. Wexner serve as a director)
          because Mr. and Mrs. Wexner do not have a pecuniary interest in such shares, as the charitable fund is a tax exempt organization pursuant to IRC Section 501(c)(3).</font></div>
      <div><br>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman'; font-size: 8pt; font-weight: normal; font-style: normal;">Page 2 of 3</font></div>
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      <div style="text-align: center;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;"><u>Joint Filer Information</u></font></font></div>
      <div><br>
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      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z9302022921b94a318ee9d7230ea3ddd7">

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            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Name of Joint Filer:</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Abigail S. Wexner</font></div>
            </td>
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          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
          </tr>
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            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Address of Joint Filer:</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">c/o L Brands, Inc.</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Three Limited Parkway</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Columbus, OH&#160; 43216</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Relationship of Joint Filer to Issuer:</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Director</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Issuer Name and Ticker or Trading Symbol:</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">L Brands, Inc. (LB)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Date of Earliest Transaction Required </font></div>
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">to be Reported (Month/Day/Year):</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> <br>
                </font></div>
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">5/15/2019</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Designated Filer:</font></div>
            </td>
            <td style="width: 50%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Leslie H. Wexner</font></div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Signature:</font></div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="zb5ca2255b3984059be82f1c8f1dcd133">

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            <td style="width: 35%; vertical-align: top; border-bottom: 2px solid black;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#160;&#160;/s/ Abigail S. Wexner</font></font></div>
            </td>
            <td style="width: 65%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 35%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Abigail S. Wexner</font></div>
            </td>
            <td style="width: 65%; vertical-align: top;">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>May 17, 2019</u></font></font></div>
      <div><font style="font-size: 10pt; font-family: 'Times New Roman';">Date</font><br>
        <div><br>
        </div>
        <br>
      </div>
    </div>
    <div>
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