SEC Form 4 · accession 0000098246-17-000028
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew W. Hart
Officer — SENIOR VICE PRESIDENT
Period of report
Jan 25, 2017
Accepted (ET)
Jan 27, 2017 · 3:02 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 | Jan 25, 2017 | M | 4,500 | $61.12 | A | 7,786 | D | |
| Common Stock $.01 Par | Jan 25, 2017 | M | 8,489 | $61.80 | A | 16,275 | D | |
| Common Stock $.01 Par | Jan 25, 2017 | M | 11,250 | $63.76 | A | 27,525 | D | |
| Common Stock $.01 ParF1 | Jan 25, 2017 | S | 21,504 | $80.1333 | D | 6,021 | D | |
| Common Stock $.01 Par | holding | — | — | — | 3 | I | By ESPP | |
| Common Stock $.01 Par | holding | — | — | — | 275 | I | By ESOP | |
| Common Stock $.01 Par | holding | — | — | — | 83 | I | By 401(K) |
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 | $61.12 | Jan 25, 2017 | M | 4,500 | D | — | May 17, 2022 | Common Stock | 4,500 | 0 | D |
| Employee Stock Option (Right to Buy)F5,F4 | $61.80 | Jan 25, 2017 | M | 8,489 | D | — | Jan 20, 2026 | Common Stock | 8,489 | 25,467 | D |
| Employee Stock Option (Right to Buy)F7,F6 | $63.76 | Jan 25, 2017 | M | 11,250 | D | — | Jan 16, 2023 | Common Stock | 11,250 | 0 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The price actually received ranged from $79.87 to $80.37 per share. The reporting person's broker has provided to the issuer and the 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.
- F2Option granted pursuant to the Tiffany & Co. 2005 Employee Incentive Plan, which complies with Rule 16b-3, on May 17, 2012. The option vested in four equal annual installments on May 17, 2013, 2014, 2015 and 2016.
- F3Total grant 9,000 shares. 4,500 shares previously exercised.
- F4Option granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3, on January 20, 2016. The option vests in four equal annual installments on January 20, 2017, 2018, 2019 and 2020.
- F5Total grant 33,956 shares. 0 shares previously exercised.
- F6Option granted pursuant to the Tiffany & Co. 2005 Employee Incentive Plan, which complies with Rule 16b-3, on January 16, 2013. The option vested in four equal annual installments on January 16, 2014, 2015, 2016 and 2017.
- F7Total grant 15,000 shares. 3,750 shares previously exercised.