SEC Form 4 · accession 0000098246-18-000083
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
Jan 19, 2018
Accepted (ET)
Jan 23, 2018 · 7:52 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 | 770 | — | A | 17,774 | D | |
| Common Stock $.01 ParF2 | Jan 19, 2018 | M | 15 | — | A | 17,789 | D | |
| Common Stock $.01 ParF3 | Jan 19, 2018 | F | 362 | $107.84 | D | 17,427 | D | |
| Common Stock $.01 Par | holding | — | — | — | 53 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Jan 19, 2018 | M | 770 | D | — | — | Common Stock $.01 Par | 770 | 2,310 | D |
| Dividend Equivalent UnitsF2 | $0.00 | Jan 19, 2018 | M | 15 | D | — | — | Common Stock $.01 Par | 15 | 298 | D |
Explanation of responses
- F1The restricted stock units convert to the issuer's common stock on a one-for-one basis and will vest in four equal annual installments on January 19, 2018, 2019, 2020 and 2021.
- F2Settlement of dividend equivalent units in connection with vesting of restricted stock units. The dividend equivalent units accrued when and as dividends were paid on the issuer's common stock and vested proportionately with the restricted stock units to which they relate. The dividend equivalent units convert to the issuer's common stock on a one-for-one basis.
- F3Shares withheld to cover taxes on vested restricted stock units and dividend equivalent units pursuant to issuer's default equity vesting procedures.