SEC Form 4 · accession 0000098246-17-000090
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer De Winter
Officer — Senior Vice President
Period of report
Apr 4, 2017
Accepted (ET)
Apr 6, 2017 · 4:37 pm EDT
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 | Apr 4, 2017 | M | 11,550 | $85.45 | A | 16,344 | D | |
| Common Stock $.01 Par | Apr 4, 2017 | M | 9,008 | $61.80 | A | 25,352 | D | |
| Common Stock $.01 ParF1 | Apr 4, 2017 | S | 21,100 | $93.5225 | D | 4,252 | 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 | $85.45 | Apr 4, 2017 | M | 11,550 | D | — | Mar 18, 2025 | Common Stock $.01 Par | 11,550 | 11,550 | D |
| Employee Stock Option (Right to Buy)F5,F4 | $61.80 | Apr 4, 2017 | M | 9,008 | D | — | Jan 20, 2026 | Common Stock $.01 Par | 9,008 | 18,016 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The price actually received ranged from $93.4600 to $93.8730 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. 2014 Employee Incentive Plan, which complies with Rule 16b-3, on March 18, 2015. The option vests in four equal annual installments on March 18, 2016, 2017, 2018 and 2019.
- F3Total grant 23,100 shares. 0 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 36,032 shares. 0 shares previously exercised.