SEC Form 4 · accession 0001530174-17-000013
RALPH LAUREN CORP · RL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Valerie Hermann
Officer — President, Global Brands
Period of report
May 26, 2017
Accepted (ET)
May 30, 2017 · 5:15 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 StockF1 | May 26, 2017 | A | 14,055 | — | A | 38,166 | D | |
| Class A Common Stock | May 26, 2017 | F | 1,932 | $66.43 | D | 36,234 | D | |
| Class A Common Stock | May 26, 2017 | F | 647 | $66.43 | D | 35,587 | D | |
| Class A Common StockF2 | May 26, 2017 | A | 1,791 | — | A | 37,378 | D | |
| Class A Common Stock | May 26, 2017 | F | 739 | $66.43 | D | 36,639 | D | |
| Class A Common StockF2 | May 26, 2017 | A | 1,343 | — | A | 37,982 | D | |
| Class A Common Stock | May 26, 2017 | F | 554 | $66.43 | D | 37,428 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of the issuer's Class A Common Stock issued to the reporting person as performance-based restricted stock units, granted under the issuer's Amended and Restated 2010 Long-Term Stock Incentive Plan, which have been deemed to be earned based on the issuer's achievement of certain applicable performance conditions. One-third of these performance-based restricted stock units vested following the end of the issuer's Fiscal 2017. The remainder are no longer subject to performance and will vest in two equal annual installments following the end of the issuer's Fiscal 2018 and Fiscal 2019, respectively.
- F2Represents shares of the issuer's Class A Common Stock issued to the reporting person in respect of the vesting of performance-based restricted stock units granted under the issuer's Amended and Restated 2010 Long-Term Stock Incentive Plan.