SEC Form 4 · accession 0000098246-17-000098
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Caroline D Naggiar
Officer — SENIOR VICE PRESIDENT
Period of report
Apr 6, 2017
Accepted (ET)
Apr 7, 2017 · 5:14 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 6, 2017 | M | 4,500 | $58.00 | A | 29,319 | D | |
| Common Stock $.01 Par | Apr 6, 2017 | M | 10,000 | $60.54 | A | 39,319 | D | |
| Common Stock $.01 ParF1 | Apr 6, 2017 | S | 22,315 | $93.4428 | D | 17,004 | D | |
| Common Stock $.01 Par | holding | — | — | — | 52 | 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 | $58.00 | Apr 6, 2017 | M | 4,500 | D | — | Jan 20, 2021 | Common Stock $.01 Par | 4,500 | 0 | D |
| Employee Stock Option (Right to Buy)F5,F4 | $60.54 | Apr 6, 2017 | M | 10,000 | D | — | Jan 18, 2022 | Common Stock $.01 Par | 10,000 | 0 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The price actually received ranged from $93.1100 to $93.6900 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 20, 2011. The option vested in four equal annual installments on January 20, 2012, 2013, 2014 and 2015.
- F3Total grant 18,000 shares. 13,500 shares previously exercised.
- F4Option granted pursuant to the Tiffany & Co. 2005 Employee Incentive Plan, which complies with Rule 16b-3, on January 18, 2012. The option vested in four equal annual installments on January 18, 2013, 2014, 2015 and 2016.
- F5Total grant 20,000 shares. 10,000 shares previously exercised.