<SEC-DOCUMENT>0001140361-21-024978.txt : 20210720
<SEC-HEADER>0001140361-21-024978.hdr.sgml : 20210720
<ACCEPTANCE-DATETIME>20210720170412
ACCESSION NUMBER:		0001140361-21-024978
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210719
FILED AS OF DATE:		20210720
DATE AS OF CHANGE:		20210720

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:		211101823

	MAIL ADDRESS:	
		STREET 1:		8000 WALTON PKWY, STE 100
		CITY:			NEW ALBANY
		STATE:			OH
		ZIP:			43054

	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:		211101822

	MAIL ADDRESS:	
		STREET 1:		8000 WALTON PKWY, STE 100
		CITY:			NEW ALBANY
		STATE:			OH
		ZIP:			43054

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:			0129

	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>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>FORM 4
<TEXT>
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    <periodOfReport>2021-07-19</periodOfReport>

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    <issuer>
        <issuerCik>0000701985</issuerCik>
        <issuerName>L Brands, Inc.</issuerName>
        <issuerTradingSymbol>LB</issuerTradingSymbol>
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            <rptOwnerCik>0000901359</rptOwnerCik>
            <rptOwnerName>Wexner Leslie H.</rptOwnerName>
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            <rptOwnerStreet1>C/O N.A. PROPERTY, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>8000 WALTON PARKWAY</rptOwnerStreet2>
            <rptOwnerCity>NEW ALBANY</rptOwnerCity>
            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>43054</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <rptOwnerCik>0001250041</rptOwnerCik>
            <rptOwnerName>WEXNER ABIGAIL S</rptOwnerName>
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            <rptOwnerStreet1>C/O N.A. PROPERTY, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>8000 WALTON PARKWAY</rptOwnerStreet2>
            <rptOwnerCity>NEW ALBANY</rptOwnerCity>
            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>43054</rptOwnerZipCode>
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                    <value>5958809</value>
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                    <value>73.01</value>
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    <footnotes>
        <footnote id="F1">Gift of shares from Abigail S. Wexner (&quot;Mrs. Wexner&quot;) to Leslie H. Wexner (&quot;Mr. Wexner&quot;).</footnote>
        <footnote id="F2">Not applicable. No consideration in exchange.</footnote>
        <footnote id="F3">Owned by Mrs. Wexner directly. Owned by Mr. Wexner indirectly, through Mrs. Wexner.</footnote>
        <footnote id="F4">Owned by Mr. Wexner directly. Owned by Mrs. Wexner 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>
        <footnote id="F7">Sold to underwriter in a registered public offering.</footnote>
        <footnote id="F8">Comprised of sales of: 127,567 shares by The Linden East Trust; 3,611,181 shares by The Linden West Trust; 141,515 shares by The Beech Trust; 352,941 shares by Linden East II trust; 352,941 shares by Linden West II trust; 343,166 shares by Pine Trust; 343,166 shares by Willow Trust; 343,166 shares by Cedar Trust; and 343,166 shares by Rose Trust.  Excludes shares sold by The Wexner Family Charitable Fund 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).</footnote>
        <footnote id="F9">Indirectly owned by Mr. Wexner and/or Mrs. Wexner.</footnote>
        <footnote id="F10">Sold to the Issuer.</footnote>
    </footnotes>

    <remarks>Exhibit 99.1 - Additional Responses and Joint Filer Information, incorporated herein by reference.</remarks>

    <ownerSignature>
        <signatureName>/s/ Leslie H. Wexner</signatureName>
        <signatureDate>2021-07-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>brhc10026917_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
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      <div style="text-align: right;"><u>Exhibit 99.1</u></div>
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              <div>Name and Address of Reporting Person:</div>
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              <div>Leslie H. Wexner</div>
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              <div>c/o N.A. Property, Inc.</div>
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              <div>L Brands, Inc. (LB)</div>
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              <div>Date of Earliest Transaction Required </div>
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              <div style="text-align: center;">I&#160; (4)</div>
            </td>
            <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Linden East II trust</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top;">&#160;</td>
            <td style="width: 25%; vertical-align: top; text-align: center;">&#160;</td>
            <td style="width: 25%; vertical-align: top;">&#160;</td>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Common Stock</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">0</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">I&#160; (4)</div>
            </td>
            <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Linden West II trust</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top;">&#160;</td>
            <td style="width: 25%; vertical-align: top; text-align: center;">&#160;</td>
            <td style="width: 25%; vertical-align: top;">&#160;</td>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Common Stock</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">0</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">I&#160; (4)</div>
            </td>
            <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Pine Trust</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top;">&#160;</td>
            <td style="width: 25%; vertical-align: top; text-align: center;">&#160;</td>
            <td style="width: 25%; vertical-align: top;">&#160;</td>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Common Stock</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">0</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">I&#160; (4)</div>
            </td>
            <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Willow Trust</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top;">&#160;</td>
            <td style="width: 25%; vertical-align: top; text-align: center;">&#160;</td>
            <td style="width: 25%; vertical-align: top;">&#160;</td>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Common Stock</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">0</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">I&#160; (4)</div>
            </td>
            <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Cedar Trust</div>
            </td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top;">&#160;</td>
            <td style="width: 25%; vertical-align: top; text-align: center;">&#160;</td>
            <td style="width: 25%; vertical-align: top;">&#160;</td>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 19.95%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Common Stock</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">0</div>
            </td>
            <td style="width: 25%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">I&#160; (4)</div>
            </td>
            <td style="width: 30%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div>Rose Trust</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div>See Notes on next page.</div>
      <div> <br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 1 of 3</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <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" border="0" id="zf6b2924d2ba74db58a137bcc30cfc19b" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>Name and Address of Reporting Person:</div>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>Leslie H. Wexner</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;"><br>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>c/o N.A. Property, Inc.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;"><br>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>8000 Walton Parkway</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;"><br>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>New Albany, OH&#160; 43054</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">&#160;</td>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>Issuer Name and Ticker or Trading Symbol:</div>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>L Brands, Inc. (LB)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">&#160;</td>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>Date of Earliest Transaction Required</div>
            </td>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>to be Reported (Month/Day/Year):</div>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>7/19/2021</div>
            </td>
          </tr>

      </table>
      <div><u> <br>
        </u></div>
      <div><u>Notes</u>:</div>
      <div><br>
      </div>
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          <tr>
            <td style="width: 21.6pt; vertical-align: top;">(1)</td>
            <td style="width: auto; vertical-align: top;">
              <div>Owned by Abigail S. Wexner (&#8220;Mrs. Wexner&#8221;) directly.&#160; Owned by Leslie H. Wexner (&#8220;Mr. Wexner&#8221;) indirectly, through Mrs. Wexner.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="zc521de23f68c421cafb4df9881d306ff" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 21.6pt; vertical-align: top;">(2)</td>
            <td style="width: auto; vertical-align: top;">
              <div>Owned by Mr. Wexner directly.&#160; Owned by Mrs. Wexner indirectly, through Mr. Wexner.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z722a1442922943d4893a61d24b330525" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 21.6pt; vertical-align: top;">(3)</td>
            <td style="width: auto; vertical-align: top;">
              <div>Owned by Mr. Wexner indirectly.&#160; Owned by Mrs. Wexner indirectly, through Mr. Wexner.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="za434e8d844804b5da0dbf5333e025fd4" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 21.6pt; vertical-align: top;">(4)</td>
            <td style="width: auto; vertical-align: top;">
              <div>Owned by Mrs. Wexner indirectly.&#160; Owned by Mr. Wexner indirectly, through Mrs. Wexner.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z3fd22cdfa9aa41f3bec4d9f14804db68" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 21.6pt; vertical-align: top;">(5)</td>
            <td style="width: auto; vertical-align: top;">
              <div>Reflects transfer from Wexner Personal Holdings Corporation of 4,892,608 shares to Mr. Wexner on June 28, 2021 (exempt pursuant to Rule 16a-13).</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div>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.</div>
      <div><br>
      </div>
      <div>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).</div>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 2 of 3</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: center;"><u>Joint Filer Information</u></div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="z999f4439e3754b219db09fcb2be3bdc1" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>Name of Joint Filer:</div>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>Abigail S. Wexner</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">&#160;</td>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>Address of Joint Filer:</div>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>c/o N.A. Property, Inc.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;"><br>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>8000 Walton Parkway</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;"><br>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>New Albany, OH&#160; 43054</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">&#160;</td>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>Relationship of Joint Filer to Issuer:</div>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>Other (10% Owner related)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">&#160;</td>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>Issuer Name and Ticker or Trading Symbol:</div>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>L Brands, Inc. (LB)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">&#160;</td>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>Date of Earliest Transaction Required</div>
            </td>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>to be Reported (Month/Day/Year):</div>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>7/19/2021</div>
            </td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">&#160;</td>
            <td style="width: 60%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 40%; vertical-align: top;">
              <div>Designated Filer:</div>
            </td>
            <td style="width: 60%; vertical-align: top;">
              <div>Leslie H. Wexner</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="z68024051d3ef4d50879c31ccb7712244" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

          <tr>
            <td style="width: 30%; vertical-align: top;">
              <div style="font-weight: bold;">Signature:</div>
            </td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top; border-bottom: 2px solid black;">
              <div>/s/ Abigail S. Wexner</div>
            </td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">
              <div>Abigail S. Wexner</div>
            </td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">
              <div><u>July 20, 2021</u></div>
            </td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">
              <div>Date</div>
            </td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>

      </table>
      <div><br>
      </div>
      <div><br>
      </div>
      <div>
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 3 of 3</font></div>
      </div>
    </div>
    <div>
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</DOCUMENT>
</SEC-DOCUMENT>
