SEC Form 4 · accession 0001225208-15-020454
TAPESTRY, INC. · TPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sarah Dunn
Officer — Global Human Resources Officer
Period of report
Nov 3, 2015
Accepted (ET)
Nov 5, 2015 · 6:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001116132
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2,F3 | — | Nov 3, 2015 | A | 3,605 | A | — | — | Common Stock | 3,605 | 65,531 | D |
Explanation of responses
- F1This security will convert on a 1-for-1 basis into shares of the issuer's common stock.
- F2These securities were acquired through a performance adjustment related to the Reporting Person's PRSU granted issued on 12/03/2012, pursuant to the performance of the Company against specified performance goals, and determined by the Human Resources Committee of Coach's Board of Directors to be 116.50% of the target value. The original grant, reported at target, was 12,887 shares. Applying the 116.50% performance factor adjustment resulted in an additional 3,605 shares, for a total grant of 16,492 shares. The original grant, as adjusted, will vest on December 3, 2015.
- F3These securities do not expire.