SEC Form 4 · accession 0001225208-17-009625
TAPESTRY, INC. · TPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Kahn
Officer — President, CAO and Secretary
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 7:02 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 | May 10, 2017 | M | 15,711 | $0.00 | A | 98,343 | D | |
| Common Stock | May 10, 2017 | M | 14,166 | $38.41 | A | 112,509 | D | |
| Common StockF2 | May 10, 2017 | S | 738 | $45.50 | D | 111,771 | D | |
| Common StockF2 | May 10, 2017 | S | 1,062 | $45.49 | D | 110,709 | D | |
| Common StockF2 | May 10, 2017 | S | 5,510 | $45.57 | D | 105,199 | D | |
| Common StockF2 | May 10, 2017 | S | 12,140 | $45.39 | D | 93,059 | D | |
| Common StockF3 | May 10, 2017 | F | 13,428 | $45.50 | D | 79,631 | D | |
| Common StockF3 | May 10, 2017 | F | 14,649 | $45.49 | D | 64,982 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF4,F5 | $38.41 | May 10, 2017 | M | 14,166 | D | — | Aug 4, 2020 | Common Stock | 14,166 | 14,165 | D |
| Stock OptionF4,F1,F6 | — | May 10, 2017 | M | 15,711 | D | — | Aug 15, 2024 | Common Stock | 15,711 | 31,421 | D |
Explanation of responses
- F1$36.31
- F2These securities were sold in pursuant to a divorce settlement.
- F3These shares were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the derivative securities described above.
- F4These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
- F5August 4, 2011
- F6August 15, 2015