SEC Form 4 · accession 0000098246-17-000037
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles K. Marquis
Director
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 3:42 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,F2 | May 28, 2016 | G | 848 | $0.00 | D | 49,269 | D | |
| Common Stock $.01 ParF3,F4,F5 | Dec 19, 2016 | G | 650 | $0.00 | D | 28,980 | I | By Revocable Trust |
| Common Stock $.01 ParF2 | Feb 27, 2017 | M | 10,000 | $37.645 | A | 59,269 | D | |
| Common Stock $.01 ParF2 | Feb 27, 2017 | S | 10,000 | $92.01 | D | 49,269 | D | |
| Common Stock $.01 ParF6 | holding | — | — | — | 56,000 | I | By Irrevocable 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)F8,F7 | $37.645 | Feb 27, 2017 | M | 10,000 | D | — | Jan 17, 2018 | Common Stock $.01 Par | 10,000 | 0 | D |
Explanation of responses
- F1Shares transferred to the Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03.
- F21,269 shares in the total is an unvested restricted stock unit grant.
- F3Shares were transferred to a 501(c)(3) entity.
- F4848 shares were transferred on 5/28/16 from directly owned shares to the Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03. On 12/19/16 the Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03 transferred 650 shares to a 501(c)(3) entity.
- F5Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03.
- F6Irrevocable Trust titled "Marquis 2012 Children's Trust." Reporting person is the sole trustee of the trust. Reporting person disclaims beneficial ownership of Tiffany & Co. stock held by the Marquis 2012 Children's Trust.
- F7Options granted pursuant to the Tiffany & Co. 1998 Director Option Plan, which complies with Rule 16b-3, on January 17, 2008. The option vested in two equal annual installments on January 17, 2009 and 2010.
- F8Total grant 10,000 shares. 0 shares previously exercised.