SEC Form 4 · accession 0001246360-15-001088
V F CORP · VFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric C Wiseman
Officer — Chairman, President & CEO · Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 23, 2015 · 10:49 am 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 20, 2015 | M | 125,000 | $13.40 | A | 735,179 | D | |
| Common StockF2 | Feb 20, 2015 | S | 125,000 | $75.6964 | D | 610,179 | D | |
| Common Stock | holding | — | — | — | 134,400 | I | by Family Trust | |
| Common Stock | holding | — | — | — | 84,000 | I | by GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2009 Non-Qualified Stock Option (right to buy)F1 | $13.40 | Feb 20, 2015 | M | 125,000 | D | — | Feb 12, 2019 | Common Stock | 125,000 | 408,956 | D |
Explanation of responses
- F1This option vested as follows: 177,986, shares vested on 02/13/10; 177,985 shares vested on 02/13/11; and 177,985 shares vested on 02/13/12.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $75.545 to not more than $75.810. The reporting person undertakes to provide to VF Corporation, any security holder of VF Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.