SEC Form 4 · accession 0001590453-16-000004
PVH CORP. /DE/ · PVH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Grieder
Officer — CEO Tommy Hilfiger &PVH Europe
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 4:54 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,F2 | Apr 1, 2016 | A | 7,044 | $0.00 | A | 25,852 | D | |
| Common Stock, $1 par valueF3,F4 | Apr 3, 2016 | F | 293 | $99.39 | D | 25,559 | D |
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)F5,F6 | $99.39 | Apr 1, 2016 | A | 17,700 | A | — | Apr 1, 2026 | Common Stock, $1 par value | 17,700 | 17,700 | D |
Explanation of responses
- F1Represents shares subject to an award of restricted stock units. Each unit represents a contingent right to receive one share of Issuer's Common Stock. The units vest 25% (1,761 shares) on each of grant. Vested shares are delivered as soon as practicable after they vest.
- F2Includes 20,697 shares of Common Stock subject to awards of restricted stock units.
- F3Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 804 restricted stock units.
- F4Includes 19,893 shares of Common Stock subject to awards of restricted stock units.
- F5All options exercisable for shares of Issuer's Common Stock, $1 par value.
- F6Options to acquire 4,425 shares become exercisable on each of 4/1/2017, 4/1/2018, 4/1/2019 and 4/1/2020.