SEC Form 4 · accession 0001612525-18-000004
PVH CORP. /DE/ · PVH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven B Shiffman
Officer — President & CEO, Calvin Klein
Period of report
Apr 6, 2018
Accepted (ET)
Apr 10, 2018 · 5:44 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,F3 | Apr 6, 2018 | A | 3,832 | $0.00 | A | 21,499 | D | |
| Common Stock, $1 par valueF4,F3,F5 | Apr 7, 2018 | F | 784 | $156.73 | D | 20,715 | D | |
| Common Stock, $1 par value | holding | — | — | — | 1,948 | 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)F6 | $156.73 | Apr 6, 2018 | A | 12,000 | A | — | Apr 6, 2028 | Common Stock, $1 par value | 12,000 | 12,000 | 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% (958 shares) on each anniversary of grant. Vested shares are delivered as soon as practicable after they vest.
- F2Includes 16,015 shares of Common Stock subject to awards of restricted stock units, of which rights to 924 of the shares have been transferred to the reporting person's ex-wife pursuant to a domestic relations order. The reporting person disclaims beneficial ownership of the 924 transferred shares.
- F3Includes 402 shares of which the reporting person has transferred the pecuniary interest in to his ex-wife pursuant to a domestic relations order. The reporting person discloses beneficial ownership of these 403 shares.
- F4Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 1,473 restricted stock units. The restricted stock units were included as directly owned shares in prior filings.
- F5Includes 14,542 shares of Common Stock subject to awards of restricted stock units, of which rights to 924 of the shares have been transferred to the reporting person's ex-wife pursuant to a domestic relations order. The reporting person disclaims beneficial ownership of the 924 transferred shares.
- F6Options to acquire 3,000 shares become exercisable on each of 4/6/2019, 4/6/2020, 4/6/2021 and 4/6/2022.