SEC Form 4 · accession 0000098246-18-000091
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leigh M. Harlan
Officer — SENIOR VICE PRESIDENT
Period of report
Jan 22, 2018
Accepted (ET)
Jan 24, 2018 · 5:18 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 22, 2018 | M | 4,250 | $86.74 | A | 7,032 | D | |
| Common Stock $.01 ParF2,F1 | Jan 22, 2018 | S | 4,624 | $109.6588 | D | 2,408 | D | |
| Common Stock $.01 Par | holding | — | — | — | 12 | 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)F4,F3 | $86.74 | Jan 22, 2018 | M | 4,250 | D | — | Jan 14, 2025 | Common Stock $.01 Par | 4,250 | 12,750 | D |
Explanation of responses
- F1108 shares in the total are unvested restricted stock units.
- F2The price in Column 4 is a weighted average price. The price actually received ranged from $109.5092 to $109.7500 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.
- F3Option granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3, on January 14, 2015. The option vests in four equal annual installments on January 14, 2016, 2017, 2018 and 2019.
- F4Total grant 17,000 shares. 0 shares previously exercised.