SEC Form 4 · accession 0001225208-17-010981
TAPESTRY, INC. · TPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua Schulman
Officer — CEO and President, Coach Brand
Period of report
Jun 5, 2017
Accepted (ET)
Jun 6, 2017 · 6:56 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 5, 2017 | A | 21,478 | $46.56 | A | 21,478 | 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,F4 | $46.56 | Jun 5, 2017 | A | 116,410 | A | Jun 5, 2018 | Jun 5, 2027 | Common Stock | 116,410 | 116,410 | D |
Explanation of responses
- F1These service-based securities represent restricted stock units granted to the Reporting Person on the Transaction Date. These securities vest in four equal tranches on the first, second, third and fourth anniversaries of the Transaction Date. These securities were issued under the Amended and Restated Coach, Inc. 2010 Stock Incentive Plan (as amended and restated).
- F2These securities were issued under the Amended and Restated Coach, Inc. 2010 Stock Incentive Plan (as amended and restated).
- F3These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
- F4These service-based securities were granted to the Reporting Person on the Transaction Date. These securities vest in four equal tranches on the first, second, third and fourth anniversaries of the Transaction Date.