SEC Form 4 · accession 0000098246-18-000040
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Rinaldo
Officer — VP-CONTRLR PRINC. ACCTG. OFF
Period of report
Jan 10, 2018
Accepted (ET)
Jan 12, 2018 · 6:16 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 |
|---|---|---|---|---|---|---|---|---|
| No Securities Are Beneficially Owned | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent UnitsF1,F2,F3 | — | Jan 10, 2018 | A | 6 | A | — | — | Common Stock $.01 Par | 6 | 13 | D |
Explanation of responses
- F1Registrant's transfer agent maintains a direct stock purchase program for Registrant's stockholders with a dividend reinvestment feature. Accordingly, pursuant to Rule 16a-11, dividend equivalent units will no longer be reported on a Form 4 at the time of accrual.
- F2Represents dividend equivalent units accrued on January 10, 2018 in respect of restricted stock units granted to the reporting person on July 19, 2017 pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3. The dividend equivalent units convert to the issuer's common stock on a one-for-one basis.
- F3The dividend equivalent units will vest proportionately with the underlying restricted stock units to which they relate. The dividend equivalent units credited in respect of the restricted stock units granted on July 19, 2017 will vest in four equal annual installments on July 19, 2018, 2019, 2020 and 2021.