SEC Form 4 · accession 0001209191-16-145076
Kate Spade & Co · KATE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Jan Singer
Director
Period of report
Oct 3, 2016
Accepted (ET)
Oct 5, 2016 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000352363
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Oct 3, 2016 | A | 846 | A | — | — | Common Stock, par value $1 per share | 846 | 846 | D |
Explanation of responses
- F1This Form is being filed for purposes of reporting the Issuer's book-entry credit to Reporting Person of Phantom Stock 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 (the "Plan"). The amount of Phantom Stock credited equates to that number of whole shares of Common Stock at the closing price on 9/30/2016, which are equivalent in value to the cash fees otherwise payable to the Reporting Person as of the date recorded on Issuer's records.
- F2Pursuant to the Plan, participants may choose any month and year at least three years after the date of deferral for the distribution of the corresponding number of shares of Common Stock. The Phantom Stock is convertible to Common Stock on a one-for-one basis. If no date for distribution is chosen, the shares are distributed on the January 1 following the termination of the participant's membership on the Issuer's Board of Directors.