SEC Form 4 · accession 0001209191-15-009069
Kate Spade & Co · KATE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy J Karch
Director
Period of report
Jan 31, 2015
Accepted (ET)
Feb 3, 2015 · 6:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000352363
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $1 per shareF1 | Jan 31, 2014 | M | 577 | $0.00 | A | 126,298 | D | |
| Common Stock, par value $1 per shareF2 | Jan 31, 2014 | M | 114 | $0.00 | A | 126,412 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | $0.00 | Jan 31, 2015 | M | 577 | D | Jan 31, 2015 | Jan 31, 2015 | Common Stock, par value $1 per share | 577 | 0 | D |
| Phantom StockF2 | $0.00 | Jan 31, 2015 | M | 114 | D | Jan 31, 2015 | Jan 31, 2015 | Common Stock, par value $1 per share | 114 | 0 | D |
Explanation of responses
- F1Represents shares of phantom stock credited to Reporting Person pursuant to Reporting Person's election to defer receipt of cash compensation for Board and Board Committee retention and meeting fees under the Issuer's Outside Directors' Deferral Plan, which automatically converted to actual shares upon the lapse of the underlying deferral.
- F2Represents shares of phantom stock credited to Reporting Person as dividends on previously granted Common Stock, the receipt of which was previously delayed by Reporting Person pursuant to Reporting Person's election under Issuer's Outside Director's Deferral Plan. Upon distribution of the previously deferred shares of Common Stock, the shares of phantom stock converted to Common Stock on a one-for-one basis.