SEC Form 4 · accession 0001225208-17-017264
TAPESTRY, INC. · TPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jide James Zeitlin
Director
Period of report
Nov 8, 2017
Accepted (ET)
Nov 13, 2017 · 6:45 pm EST
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 Stock | Nov 8, 2017 | M | 14,000 | $32.02 | A | 74,183 | D | |
| Common StockF1 | Nov 8, 2017 | F | 11,118 | $40.35 | D | 63,065 | D | |
| Common StockF2 | Nov 9, 2017 | A | 1,868 | $40.16 | A | 64,933 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $32.02 | Nov 8, 2017 | M | 14,000 | D | May 8, 2008 | Nov 8, 2017 | Common Stock | 14,000 | 0 | D |
| Stock OptionF3 | $40.16 | Nov 9, 2017 | A | 9,338 | A | Nov 9, 2018 | Nov 9, 2027 | Common Stock | 9,338 | 9,338 | D |
Explanation of responses
- F1These shares were sold to pay the cost of, and the fees associated with, the exercise of the derivative securities described above.
- F2All of the securities acquired were received in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest on November 9, 2018.
- F3All of the securities acquired were issued under the Issuer's Stock Incentive Plan.