SEC Form 4 · accession 0001245937-18-000002
PVH CORP. /DE/ · PVH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis K Duane
Officer — CEO, Heritage Brands & VC, PVH
Period of report
Apr 3, 2018
Accepted (ET)
Apr 5, 2018 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078239
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $1 par valueF1,F3 | Apr 3, 2018 | F | 615 | $155.16 | D | 15,985 | D | |
| Common Stock, $1 par valueF2 | Apr 4, 2018 | M | 14,200 | $115.05 | A | 30,185 | D | |
| Common Stock, $1 par valueF2 | Apr 4, 2018 | M | 3,800 | $107.47 | A | 33,985 | D | |
| Common Stock, $1 par valueF2 | Apr 4, 2018 | M | 4,100 | $99.39 | A | 38,085 | D | |
| Common Stock, $1 par valueF3,F2 | Apr 4, 2018 | S | 22,100 | $154.7726 | D | 15,985 | D | |
| Common Stock, $1 par value | holding | — | — | — | 1,772 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F4 | $115.05 | Apr 4, 2018 | M | 14,200 | D | — | May 1, 2023 | Common Stock, $1 par value. | 14,200 | 0 | D |
| Option (Right to Buy)F5 | $107.47 | Apr 4, 2018 | M | 3,800 | D | — | Apr 2, 2025 | Common Stock, $1 par value. | 3,800 | 3,800 | D |
| Option (Right to Buy)F6 | $99.39 | Apr 4, 2018 | M | 4,100 | D | — | Apr 1, 2026 | Common Stock, $1 par value. | 4,100 | 8,200 | D |
Explanation of responses
- F1Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 1,808 restricted stock units. The restricted stock units were reported as directly owned shares at the time they were granted.
- F2Includes 10,764 shares of Common Stock subject to awards of restricted stock units.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.36 to $155.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4This was a grant of 14,200 options, 3,550 of which became exerciseable on each of 5/1/14, 5/1/15, 5/1/16 and 5/1/17.
- F5This was a grant of 15,200 options, 3,800 of which became exerciseable on each of 4/2/16 and 4/2/17, and 4/2/18 and a further 3,800 will become exercisable on 4/2/19.
- F6This was a grant of 16,400 options, 4,100 of which became exerciseable on each of 4/1/17, and 4/1/18 and 4,100 of which will become exercisable on each of 4/1/19 and 4/1/20.