SEC Form 4 · accession 0001209191-16-156539
Kate Spade & Co · KATE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah J Lloyd
Officer — Chief Creative Officer · Director
Period of report
Dec 20, 2016
Accepted (ET)
Dec 22, 2016 · 4:44 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 share | Dec 20, 2016 | M | 37,500 | $7.10 | A | 46,544 | D | |
| Common Stock, par value $1 per shareF1 | Dec 20, 2016 | S | 29,011 | $14.634 | D | 17,533 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2 | $7.10 | Dec 20, 2016 | M | 37,500 | D | — | Mar 1, 2017 | Common Stock, par value $1 per share | 37,500 | 0 | D |
Explanation of responses
- F1Represents the number of shares sold to cover the exercise price and reporting person's tax withholding obligations in accordance with broker's procedure for sell-to-cover transactions. The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $14.63 to $14.66, inclusive. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- F2All of the shares are currently exercisable.