SEC Form 4 · accession 0000098246-17-000034
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Petterson
Officer — SENIOR VICE PRESIDENT
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 3:00 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 | Feb 24, 2017 | M | 25,000 | $37.645 | A | 67,137 | D | |
| Common Stock $.01 ParF1 | Feb 24, 2017 | S | 25,000 | $91.6228 | D | 42,137 | D | |
| Common Stock $.01 Par | holding | — | — | — | 396 | 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,F2 | $37.645 | Feb 24, 2017 | M | 25,000 | D | — | Jan 17, 2018 | Common Stock $.01 Par | 25,000 | 0 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The price actually received ranged from $91.60 to $91.67 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 January 17, 2008. The option vested in four equal annual installments on January 17, 2009, 2010, 2011 and 2012.
- F3Total grant 25,000 shares. 0 shares previously exercised.