SEC Form 4 · accession 0001590453-17-000002
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 7, 2017
Accepted (ET)
Apr 11, 2017 · 4:37 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 7, 2017 | A | 6,872 | $0.00 | A | 21,963 | D | |
| Common Stock, $1 par valueF3,F4 | Apr 7, 2017 | A | 4,907 | $0.00 | A | 26,870 | D | |
| Common Stock, $1 par valueF5,F6 | Apr 7, 2017 | F | 905 | $101.90 | D | 25,965 | 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)F7,F8 | $101.90 | Apr 7, 2017 | A | 17,200 | A | — | Apr 7, 2027 | Common Stock, $1 par value | 17,200 | 17,200 | 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% (1,718 shares) on each anniversary of grant. Vested shares are delivered as soon as practicable after they vest.
- F2Includes 20,175 shares of Common Stock subject to awards of restricted stock units.
- F3Represents 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 100% on the one year anniversary of grant. Vested shares are delivered as soon as practicable after they vest.
- F4Includes 25,082 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 1,740 restricted stock units. The restricted stock units were reported as directly owned shares at the time they were granted.
- F6Includes 23,342 shares of Common Stock subject to awards of restricted stock units.
- F7All options exercisable for shares of Issuer's Common Stock, $1 par value.
- F8Options to acquire 4,300 shares become exercisable on each of 4/7/2018, 4/7/2019, 4/7/2020 and 4/7/2021.