SEC Form 4 · accession 0000098246-15-000019
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles K. Marquis
Director
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 3:09 pm 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 ParF1 | May 16, 2014 | G | 979 | $0.00 | D | 48,780 | D | |
| Common Stock $.01 ParF2,F3,F4 | Dec 3, 2014 | G | 500 | $0.00 | D | 28,682 | I | By Revocable Trust |
| Common Stock $.01 ParF5 | Jan 28, 2015 | M | 10,000 | $39.64 | A | 58,780 | D | |
| Common Stock $.01 ParF6,F5 | Jan 28, 2015 | S | 10,000 | $90.5826 | D | 48,780 | D | |
| Common Stock $.01 ParF7 | holding | — | — | — | 56,000 | I | By Irrevocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F9,F8 | $39.64 | Jan 28, 2015 | M | 10,000 | D | — | Jan 19, 2016 | Common Stock $.01 Par | 10,000 | 0 | D |
Explanation of responses
- F1Shares transferred to the Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03.
- F2Shares were transferred to a 501(c)(3) entity.
- F3979 shares were transferred on 5/16/14 from directly owned shares to the Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03. On 12/3/14 the Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03 transferred 500 shares to a 501(c)(3) entity.
- F4Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03.
- F5780 shares in the total is an unvested restricted stock grant.
- F6The price in Column 4 is a weighted average price. The prices actually received ranged from $90.2530 to $90.8200 per share. The reporting person's broker has provided to the issuer and issuer will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F7Irrevocable Trust titled "Marquis 2012 Children's Trust." Reporting person is the sole trustee of the trust. Reporting person disclaims beneficial ownership of Tiffany & Co. stock held by the Marquis 2012 Children's Trust.
- F8Options granted pursuant to the Tiffany & Co. 1998 Director Option Plan, which complies with Rule 16b-3, on January 19, 2006. The option vested in two equal annual installments on January 19, 2007 and 2008.
- F9Total grant 10,000 shares. 0 shares previously exercised.