SEC Form 4 · accession 0001590453-18-000003
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 6, 2018
Accepted (ET)
Apr 10, 2018 · 5:28 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 6, 2018 | A | 4,468 | $0.00 | A | 26,950 | D | |
| Common Stock, $1 par valueF3,F4 | Apr 7, 2018 | F | 2,916 | $156.73 | D | 24,034 | 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 | $156.73 | Apr 6, 2018 | A | 14,000 | A | — | Apr 6, 2028 | Common Stock, $1 par value | 14,000 | 14,000 | 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% (1,117 shares) on each anniversary of grant. Vested shares are delivered as soon as practicable after they vest.
- F2Includes 22,523 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 6,625 restricted stock units. The restricted stock units were included as directly owned shares in prior filings.
- F4Includes 15,898 shares of Common Stock subject to awards of restricted stock units.
- F5Options to acquire 3,500 shares become exercisable on each of 4/6/2019, 4/6/2020, 4/6/2021 and 4/6/2022.