SEC Form 4 · accession 0000098246-16-000188
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leigh M. Harlan
Officer — SENIOR VICE PRESIDENT
Period of report
Jan 20, 2016
Accepted (ET)
Jan 22, 2016 · 7:13 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 | holding | — | — | — | 1,993 | D | ||
| Common Stock $.01 Par | holding | — | — | — | 11 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $61.80 | Jan 20, 2016 | A | 27,720 | A | — | Jan 20, 2026 | Common Stock | 27,720 | 27,720 | D |
| Performance-based Restricted Stock UnitsF4,F5 | $0.00 | Jan 20, 2016 | A | 12,136 | A | — | — | Common Stock | 12,136 | 12,136 | D |
Explanation of responses
- F1776 shares in the total are unvested restricted stock units.
- F2Granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16(b)-3.
- F3The option vests in four equal annual installments on January 20, 2017, 2018, 2019 and 2020.
- F4The performance-based restricted stock units convert to the issuer's common stock on a one-for-one basis.
- F5All 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, 2019. Performance-based restricted stock units not eligible for conversion at the end of such performance period will be canceled.