SEC Form 4 · accession 0000098246-16-000320
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gross Victoria Berger
Officer — SENIOR VICE PRESIDENT
Period of report
Dec 8, 2016
Accepted (ET)
Dec 9, 2016 · 3:48 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 Par | Dec 8, 2016 | M | 11,000 | $43.37 | A | 53,046 | D | |
| Common Stock $.01 Par | Dec 8, 2016 | S | 11,000 | $85.00 | D | 42,046 | D |
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,F2 | $43.37 | Dec 8, 2016 | M | 11,000 | D | — | Jan 20, 2020 | Common Stock | 11,000 | 0 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2016.
- F2Options granted pursuant to the Tiffany & Co. 2005 Employee Incentive Plan, which complies with Rule 16b-3, on January 20, 2010. The option vested in four equal annual installments on January 20, 2011, 2012, 2013 and 2014.
- F3Total grant 22,000 shares. 11,000 shares previously exercised.