Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Siegel Clifford
 2. Date of Event Requiring Statement (Month/Day/Year)
06/13/2012		 3. Issuer Name and Ticker or Trading Symbol
LIFETIME BRANDS, INC [LCUT]
(Last)
(First)
(Middle)
C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Global Supply Chain
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

GARDEN CITY, NY 11530		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 215,975
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option   (1) 05/01/2016 Common Stock 10,000 $ 29.96 D  
Employee Stock Option   (2) 05/06/2013 Common Stock 8,000 $ 22.46 D  
Employee Stock Option   (3) 11/09/2018 Common Stock 3,000 $ 4.6 D  
Employee Stock Option   (4) 04/02/2019 Common Stock 25,000 $ 2.19 D  
Employee Stock Option   (5) 05/06/2020 Common Stock 15,000 $ 13.27 D  
Employee Stock Option   (6) 06/15/2021 Common Stock 7,500 $ 10.79 D  
Employee Stock Option   (7) 04/30/2022 Common Stock 10,000 $ 11.64 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Siegel Clifford
C/O LIFETIME BRANDS, INC.
1000 STEWART AVENUE
GARDEN CITY, NY 11530		       EVP, Global Supply Chain  

Signatures

Clifford Siegel 06/21/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The stock options vest 20 percent per year over five years, commencing one year from 5/2/2006.
(2) The stock options vest 20 percent per year over five years, commencing one year from 5/7/2007.
(3) The stock options vest 25 percent per year over four years, commencing one year from 11/10/2008.
(4) The stock options vest 25 percent per year over four years, commencing one year from 4/3/2009.
(5) The stock options vest 25 percent per year over four years, commencing one year from 5/7/2010.
(6) The stock options vest 25 percent per year over four years, commencing one year from 6/16/2011.
(7) The stock options vest 25 percent per year over four years, commencing one year from 5/1/2012.

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