SEC Form 4 · accession 0001246360-16-004895
V F CORP · VFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric C Wiseman
Officer — Chairman & CEO · Director
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 11:56 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 3, 2016 | M | 130,000 | $18.72 | A | 852,578 | D | |
| Common StockF2 | Mar 3, 2016 | S | 130,000 | $66.3209 | D | 722,578 | D | |
| Common Stock | Mar 4, 2016 | M | 30,334 | $18.72 | A | 752,912 | D | |
| Common StockF4 | Mar 4, 2016 | S | 30,334 | $65.5519 | D | 722,578 | D | |
| Common Stock | holding | — | — | — | 134,400 | I | by Family Trust | |
| Common Stock | holding | — | — | — | 55,950 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2010 Non-Qualified Stock Option (right to buy)F1 | $18.72 | Mar 3, 2016 | M | 130,000 | D | — | Feb 15, 2020 | Common Stock | 130,000 | 394,816 | D |
| 2010 Non-Qualified Stock Option (right to buy)F3 | $18.72 | Mar 4, 2016 | M | 30,334 | D | — | Feb 15, 2020 | Common Stock | 30,334 | 364,482 | D |
Explanation of responses
- F1This option vests as follows: 174,939 shares vest on 02/16/2011; 174,939 shares vest on 02/16/2012; and 174,938 shares vest on 02/16/2013.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $66.18 to not more than $66.46. 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.
- F3This option vests as follows: 174,939 shares vest on 02/16/2011; 174,939 shares vest on 02/16/2012; and 174,938 shares vest on 02/16/2013.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $65.50 to not more than $65.85. 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.