SEC Form 4 · accession 0001127602-19-005018
V F CORP · VFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curtis A. Holtz
Officer — Vice President & Group Pres.
Period of report
Feb 8, 2019
Accepted (ET)
Feb 11, 2019 · 12:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000103379
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 8, 2019 | M | 14,535 | $56.79 | A | 61,433 | D | |
| Common Stock | Feb 8, 2019 | S | 14,535 | $85.75 | D | 46,898 | D | |
| Common Stock | Feb 8, 2019 | M | 10,391 | $53.47 | A | 57,289 | D | |
| Common Stock | Feb 8, 2019 | S | 10,391 | $85.75 | D | 46,898 | D | |
| Common StockF1 | holding | — | — | — | 673 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 Non-qualified Stock Option (Right to Buy)F2 | $56.79 | Feb 8, 2019 | M | 14,535 | D | — | Feb 18, 2024 | Common Stock | 14,535 | 0 | D |
| 2017 Non-qualified Stock Option (Right to Buy)F3 | $53.47 | Feb 8, 2019 | M | 10,391 | D | — | Feb 21, 2027 | Common Stock | 10,391 | 20,780 | D |
| Phantom StockF4,F5,F6 | — | Feb 8, 2019 | I | 912 | D | — | — | Common Stock | 912 | 0 | D |
Explanation of responses
- F1401(k).
- F2This option vests as follows: 4,845 shares vest on 02/19/15; 4,845 shares vest on 02/19/16; and 4,845 shares vest on 02/19/17.
- F3This option vests as follows: 10,391 shares vest on February 22, 2018; 10,390 shares vest on February 22, 2019; and 10,390 shares vest on February 22, 2020.
- F4Represents units of ownership as a participant in the VF Common Stock Fund of the Executive Deferred Savings Plan. Account statements report fund transactions and balances as cash amounts, so the number of units of phantom stock reported as sold and the number reported as beneficially owned following the transaction are based on the 02/08/2019 account values divided by the 02/08/2019 market price. The phantom stock was divested at the election of the Reporting Person at a price equivalent to $85.87 per share of phantom stock. The disposition of phantom stock was exempt from liability under Rule 16b-3(f).
- F51 for 1
- F6There is no date that should appear in these columns. See footnote 1 above.