SEC Form 4 · accession 0001209191-15-046146
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
May 20, 2015
Accepted (ET)
May 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 | May 20, 2015 | M | 75,761 | $43.035 | A | 550,943 | D | |
| Class A Common StockF1 | May 20, 2015 | S | 75,761 | $131.79 | D | 475,182 | D | |
| Class A Common Stock | May 21, 2015 | M | 74,239 | $43.035 | A | 549,421 | D | |
| Class A Common Stock | May 21, 2015 | M | 100,000 | $57.755 | A | 649,421 | D | |
| Class A Common StockF2 | May 21, 2015 | S | 169,634 | $131.45 | D | 479,787 | D | |
| Class A Common StockF3 | May 21, 2015 | S | 4,605 | $131.73 | D | 475,182 | 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 | $43.035 | May 20, 2015 | M | 75,761 | D | — | Jun 15, 2015 | Class A Common Stock | 75,761 | 74,239 | D |
| Class A Common Stock Option (Right to Buy)F5 | $43.035 | May 21, 2015 | M | 74,239 | D | — | Jun 15, 2015 | Class A Common Stock | 74,239 | 0 | D |
| Class A Common Stock Option (Right to Buy)F6 | $57.755 | May 21, 2015 | M | 100,000 | D | — | Jul 14, 2015 | Class A Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $131.39 to $132.30. 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.
- F2The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $130.71 to $131.70. 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.
- F3The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $131.71 to $131.77. 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 15, 2006. These options were scheduled to expire on June 15, 2015.
- F6The options vested and became exercisable in three equal annual installments beginning on July 14, 2009. These options were scheduled to expire on July 14, 2015.