SEC Form 4 · accession 0000098246-17-000004
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Shutzer
Director
Period of report
Jan 17, 2017
Accepted (ET)
Jan 19, 2017 · 3:20 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 | Jan 17, 2017 | M | 10,000 | $40.15 | A | 171,206 | D | |
| Common Stock $.01 ParF2 | holding | — | — | — | 107,500 | I | By KJC Ltd. | |
| Common Stock $.01 ParF3 | holding | — | — | — | 32,210 | I | By Article IV 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)F5,F4 | $40.15 | Jan 17, 2017 | M | 10,000 | D | — | Jan 18, 2017 | Common Stock $.01 Par | 10,000 | 0 | D |
Explanation of responses
- F11,269 shares in the total are unvested restricted stock units.
- F2KJC Ltd. is a Delaware limited partnership of which the reporting person is the sole general partner and of which three of his adult children are limited partners. Reporting person disclaims beneficial ownership of Tiffany & Co. stock held by KJC Ltd.
- F3Article IV trust dated August 1, 2012 for one of the reporting person's adult children. Reporting person's spouse, Fay Shutzer, is the sole trustee of the trust. Reporting person disclaims beneficial ownership of Tiffany & Co. stock held by the trust.
- F4Options granted pursuant to the Tiffany & Co. 1998 Director Option Plan, which complies with Rule 16b-3, on January 18, 2007. The option vested in two equal annual installments on January 18, 2008 and 2009.
- F5Total grant 10,000 shares. 0 shares previously exercised.