XML 34 R22.htm IDEA: XBRL DOCUMENT
v3.21.2

Share-based Compensation | 9 Months Ended
--- | ---
Oct. 30, 2021
Share-based Payment Arrangement [Abstract] |
Share-based Compensation | Share-based Compensation In connection with the spin-off of Victoria's Secret & Co. on August 2, 2021, the Company adjusted its outstanding share-based awards in accordance with the terms of the Employee Matters Agreement. Adjustments to the underlying shares and terms of outstanding restricted stock and stock options were made to preserve the intrinsic value of the awards immediately before the Separation. The adjustment of the underlying shares and exercise prices, as applicable, was determined using a ratio based on the relative values of the Company's pre-Distribution stock price and the Company's post-Distribution stock price. The outstanding awards continue to vest over their original vesting periods. The Company did not recognize any incremental compensation cost related to the adjustment of outstanding awards. Restricted Stock The following table provides the Company’s restricted stock activity for the year-to-date period ended October 30, 2021:
| Number of Shares
| (in thousands)
Unvested as of January 30, 2021 | 6,647 |
Converted to Victoria's Secret & Co. Shares | (2,537) |
Spin-Off Related Adjustment | 807 |
Granted | 1,501 |
Vested | (2,150) |
Cancelled | (161) |
Unvested as of October 30, 2021 | 4,107 |
Stock Options The following table provides the Company’s stock option activity for the year-to-date period ended October 30, 2021:
| Number of Shares
| (in thousands)
Outstanding as of January 30, 2021 | 4,163 |
Converted to Victoria's Secret & Co. Shares | (1,042) |
Spin-Off Related Adjustment | 288 |
Granted | 228 |
Exercised | (1,861) |
Cancelled | (607) |
Outstanding as of October 30, 2021 | 1,169 |
Options Exercisable as of October 30, 2021 | 915 |

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration