SEC Form 4 · accession 0000098246-18-000072
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles K. Marquis
Director
Period of report
Jan 19, 2018
Accepted (ET)
Jan 19, 2018 · 7:03 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 | Jan 19, 2018 | M | 4,717 | $26.10 | A | 53,650 | D | |
| Common Stock $.01 ParF2,F1 | Jan 19, 2018 | S | 4,717 | $107.841 | D | 48,933 | D | |
| Common Stock $.01 ParF3 | holding | — | — | — | 29,729 | I | Revocable Trust | |
| Common Stock $.01 ParF4 | holding | — | — | — | 56,000 | I | 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)F6,F5 | $26.10 | Jan 19, 2018 | M | 4,717 | D | — | May 21, 2019 | Common Stock $.01 Par | 4,717 | 0 | D |
Explanation of responses
- F1933 shares in the total is an unvested restricted stock unit grant.
- F2The price in Column 4 is a weighted average price. The price actually received ranged from $107.8300 to $107.8567 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.
- F3Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03.
- F4Irrevocable 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.
- F5Options granted pursuant to the Tiffany & Co. 2008 Directors Equity Compensation Plan, which complies with Rule 16b-3, on May 21, 2009. The option vested in full on the grant date.
- F6Total grant 4,717 shares. 0 shares previously exercised.