SEC Form 4 · accession 0000098246-15-000068
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rose Marie Bravo
Director
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 1:55 pm EDT
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 | Apr 1, 2015 | M | 10,000 | $37.645 | A | 20,912 | D | |
| Common Stock $.01 ParF1 | Apr 1, 2015 | M | 4,717 | $26.10 | A | 25,629 | D | |
| Common Stock $.01 ParF2,F1 | Apr 1, 2015 | S | 8,897 | $86.8552 | D | 16,732 | D | |
| Common Stock $.01 ParF3,F1 | Apr 1, 2015 | S | 5,820 | $87.3261 | D | 10,912 | D |
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)F5,F4 | $37.645 | Apr 1, 2015 | M | 10,000 | D | — | Jan 17, 2018 | Common Stock | 10,000 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F7,F6 | $26.10 | Apr 1, 2015 | M | 4,717 | D | — | May 21, 2019 | Common Stock | 4,717 | 0 | D |
Explanation of responses
- F16,912 shares in the total are restricted stock units. The restricted stock units vest 100% on the six-month anniversary of the date of termination (as defined in the grant terms).
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $86.50 to $87.02 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.
- F3The price in Column 4 is a weighted average price. The prices actually received ranged from $87.03 to $87.60 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.
- F4Options granted pursuant to the Tiffany & Co. 1998 Director Option Plan, which complies with Rule 16b-3, on January 17, 2008. The option vested in two equal annual installments on January 17, 2009 and 2010.
- F5Total grant 10,000 shares. 0 shares previously exercised.
- F6Options granted pursuant to the Tiffany & Co. 2008 Directors Equity Compensation Plan, which complies with Rule 16b-3, on May 21, 2009. The option became 100% exercisable on the grant date.
- F7Total grant 4,717 shares. 0 shares previously exercised.