SEC Form 4 · accession 0001590453-17-000001
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, 2017
Accepted (ET)
Apr 4, 2017 · 5:10 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, 2017 | F | 916 | $103.47 | D | 23,567 | D | |
| Common Stock, $1 par valueF3,F4 | Apr 2, 2017 | F | 606 | $103.47 | D | 22,961 | D | |
| Common Stock, $1 par valueF5,F6 | Apr 3, 2017 | F | 419 | $103.18 | D | 22,542 | D | |
| Common Stock, $1 par valueF6 | Apr 3, 2017 | M | 6,800 | $67.03 | A | 29,342 | D | |
| Common Stock, $1 par valueF6 | Apr 3, 2017 | M | 4,450 | $91.88 | A | 33,792 | D | |
| Common Stock, $1 par valueF7,F6 | Apr 3, 2017 | S | 18,701 | $103.4264 | D | 15,091 | 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)F8,F9 | $67.03 | Apr 3, 2017 | M | 6,800 | D | — | Jul 1, 2021 | Common Stock, $1 par value. | 6,800 | 0 | D |
| Option (Right to Buy)F8,F10 | $91.88 | Apr 3, 2017 | M | 4,450 | D | — | Apr 5, 2022 | Common Stock, $1 par value. | 4,450 | 0 | D |
Explanation of responses
- F1Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 1,761 restricted stock units. The restricted stock units were included as directly owned shares in prior filings.
- F10This was part of a grant of 8,900 options, 2,225 of which became exercisable on each of 4/5/13, 4/5/14, 4/5/15 and 4/5/16.
- F2Includes 15,271 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 1,164 restricted stock units. The restricted stock units were included as directly owned shares in prior filings.
- F4Includes 14,107 shares of Common Stock subject to awards of restricted stock units.
- F5Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 804 restricted stock units. The restricted stock units were included as directly owned shares in prior filings.
- F6Includes 13,303 shares of Common Stock subject to awards of restricted stock units.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.39 to $103.47, 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.
- F8All options exercisable for shares of Issuer's Common Stock, $1 par value.
- F9This was part of a grant of 13,600 options, 3,400 of which became exercisable on each of 7/1/12, 7/1/13, 7/1/14 and 7/1/15.