SEC Form 4 · accession 0000899243-15-005190
RALPH LAUREN CORP · RL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph Lauren
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Sep 21, 2015
Accepted (ET)
Sep 22, 2015 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001037038
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Sep 21, 2015 | M | 50,000 | $55.425 | A | 500,143 | D | |
| Class A Common StockF2 | Sep 21, 2015 | S | 15,947 | $110.77 | D | 484,196 | D | |
| Class A Common StockF3 | Sep 21, 2015 | S | 34,053 | $111.55 | D | 450,143 | D | |
| Class A Common StockF4 | holding | — | — | — | 35,854 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Option (Right to Buy)F5 | $55.425 | Sep 21, 2015 | M | 50,000 | D | — | Jun 8, 2016 | Class A Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person.
- F2The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $110.17 to $111.16. Upon request of the SEC staff, Ralph Lauren Corporation (the "Company") or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F3The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $111.17 to $111.87. Upon request of the SEC staff, the Company or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F4These shares of Class A Common Stock are held by a revocable trust of which the reporting person is sole trustee and sole beneficiary.
- F5The options vested and became exercisable in three equal annual installments beginning on June 8, 2007. These options are scheduled to expire on June 8, 2016.