SEC Form 4 · accession 0001246360-15-001414
V F CORP · VFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl Heinz Salzburger
Officer — VP & President-International
Period of report
Mar 5, 2015
Accepted (ET)
Mar 6, 2015 · 8:56 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 | Mar 5, 2015 | M | 80,000 | $13.40 | A | 540,737 | D | |
| Common StockF2 | Mar 5, 2015 | S | 80,000 | $76.1477 | D | 460,737 | D |
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 | Mar 5, 2015 | M | 80,000 | D | — | Feb 12, 2019 | Common Stock | 80,000 | 0 | D |
Explanation of responses
- F1This option vested as follows: 48,366 shares vested on 02/13/10; 48,365 shares vested on 02/13/11; and 48,365 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 $76.000 to not more than $76.4700. 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.