SEC Form 4 · accession 0001225208-18-012815
TAPESTRY, INC. · TPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian Bickley
Officer — President Global Busines Dev.
Period of report
Aug 20, 2018
Accepted (ET)
Aug 21, 2018 · 5:36 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 Stock | Aug 20, 2018 | M | 31,584 | $39.87 | A | 136,237 | D | |
| Common Stock | Aug 20, 2018 | M | 22,233 | $41.00 | A | 158,470 | D | |
| Common StockF1 | Aug 20, 2018 | M | 20,986 | $0.00 | A | 179,456 | D | |
| Common Stock | Aug 20, 2018 | S | 2,395 | $52.04 | D | 177,061 | D | |
| Common Stock | Aug 20, 2018 | S | 3,747 | $52.01 | D | 173,314 | D | |
| Common Stock | Aug 20, 2018 | S | 4,227 | $52.06 | D | 169,087 | D | |
| Common Stock | Aug 20, 2018 | S | 11,164 | $52.15 | D | 157,923 | D | |
| Common StockF2 | Aug 20, 2018 | F | 16,759 | $52.06 | D | 141,164 | D | |
| Common StockF2 | Aug 20, 2018 | F | 19,837 | $52.04 | D | 121,327 | D | |
| Common Stock | Aug 20, 2018 | S | 26,538 | $52.16 | D | 94,789 | D | |
| Common StockF2 | Aug 20, 2018 | F | 27,837 | $52.01 | D | 66,952 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1,F3 | — | Aug 20, 2018 | M | 20,986 | D | — | Aug 13, 2025 | Common Stock | 20,986 | 0 | D |
| Stock OptionF4 | $39.87 | Aug 20, 2018 | M | 31,584 | D | Aug 11, 2017 | Aug 11, 2026 | Common Stock | 31,584 | 31,583 | D |
| Stock OptionF5 | $41.00 | Aug 20, 2018 | M | 22,233 | D | Aug 17, 2018 | Aug 17, 2027 | Common Stock | 22,233 | 66,697 | D |
Explanation of responses
- F1$31.46
- F2These shares were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the derivative securities described above.
- F3These options vested in three equal installments on the first, second and third anniversaries of the date of grant on August 13, 2016, 2017, and 2018.
- F4These options vest in three equal installments on the first, second and third anniversaries of the date of grant on August 11, 2017, 2018, and 2019.
- F5These options vested in four equal installments on the first, second, third and fourth anniversaries of the date of grant on August 17, 2018, 2019, 2020 and 2021.