SEC Form 4 · accession 0001225208-16-037891
TAPESTRY, INC. · TPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andre Cohen
Officer — President, NA & Glbl Mktg
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 6:36 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 | Aug 11, 2016 | A | 10,033 | $39.87 | A | 54,700 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F3 | $39.87 | Aug 11, 2016 | A | 111,473 | A | Aug 11, 2017 | Aug 11, 2026 | Common Stock | 111,473 | 111,473 | D |
Explanation of responses
- F1All of the securities acquired were received in the form of unvested restricted stock units issued under the Amended and Restated Coach, Inc. 2010 Stock Incentive Plan (Amended and Restated as of September 18, 2015) of the Issuer. These securities will vest on August 11, 2019.
- F2These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
- F3These service-based securities vest in three equal installments on the first, second and third anniversaries of the date of grant. The first tranch will vest on August 11, 2017, the second on August 11, 2018, and the third on August 11, 2019.