SEC Form 4 · accession 0000098246-15-000012
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Petterson
Officer — SENIOR VICE PRESIDENT
Period of report
Jan 14, 2015
Accepted (ET)
Jan 16, 2015 · 8:56 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000098246
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock $.01 Par | holding | — | — | — | 35,847 | D | ||
| Common Stock $.01 Par | holding | — | — | — | 376 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-based Restricted Stock UnitsF1,F3 | $0.00 | Jan 14, 2015 | A | 9,200 | A | — | — | Common Stock | 9,200 | 9,200 | D |
| Employee Stock Option (Right to Buy)F4 | $86.74 | Jan 14, 2015 | A | 18,500 | A | — | Jan 14, 2025 | Common Stock | 18,500 | 18,500 | D |
Explanation of responses
- F1The performance-based restricted stock units convert to the company's common stock on a one-for-one basis.
- F2Granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16(b)-3.
- F3All or a percentage of the units will be converted to common stock if issuer satisfies financial performance criteria for the three-year performance period ending January 31, 2018. Performance-based restricted stock units not eligible for conversion at the end of the performance period will be canceled.
- F4The option vests in four equal annual installments on January 14, 2016, 2017, 2018 and 2019.