SEC Form 4 · accession 0001225208-15-014441
TAPESTRY, INC. · TPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor Luis
Officer — Chief Executive Officer · Director
Period of report
Jun 27, 2015
Accepted (ET)
Jun 30, 2015 · 9:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001116132
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 27, 2015 | M | 16,532 | $0.00 | A | 87,256 | D | |
| Common StockF1 | Jun 27, 2015 | M | 11,658 | $0.00 | A | 98,914 | D | |
| Common StockF2 | Jun 27, 2015 | F | 6,193 | $35.96 | D | 92,721 | D | |
| Common StockF3,F1 | Jun 29, 2015 | M | 268 | $0.00 | A | 92,989 | D | |
| Common StockF2 | Jun 29, 2015 | F | 140 | $35.46 | D | 92,849 | D | |
| Common StockF2 | Jun 30, 2015 | F | 4,311 | $35.96 | D | 88,538 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5,F6 | — | Jun 27, 2015 | M | 11,658 | D | — | — | Common Stock | 11,658 | 714,451 | D |
| Restricted Stock UnitF4,F5,F6 | — | Jun 27, 2015 | M | 16,532 | D | — | — | Common Stock | 16,532 | 697,919 | D |
| Restricted Stock UnitF3,F4,F7,F6 | — | Jun 29, 2015 | A | 6,644 | A | — | — | Common Stock | 6,644 | 704,563 | D |
| Restricted Stock UnitF3,F4,F8,F6 | — | Jun 29, 2015 | M | 268 | D | — | — | Common Stock | 268 | 704,295 | D |
Explanation of responses
- F1Vesting of Restricted Stock Units.
- F2These shares were withheld to pay for the taxes in connection with the conversion of derivative securities described above.
- F3These securities were received through a dividend paid on the transaction date.
- F4These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
- F5These securities vested on June 27, 2015.
- F6These securities do not expire.
- F7These securities vest in part on each of the vesting dates of the original RSU grants.
- F8These dividends were received on RSUs that vested between the record and payable dates and therefore vested immediately upon receipt of the dividend.