SEC Form 4 · accession 0000098246-18-000092
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philippe Galtie
Officer — Senior Vice President
Period of report
Jan 22, 2018
Accepted (ET)
Jan 24, 2018 · 5:19 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 Par | Jan 22, 2018 | M | 9,706 | $81.44 | A | 10,813 | D | |
| Common Stock $.01 Par | Jan 22, 2018 | M | 4,194 | $79.23 | A | 15,007 | D | |
| Common Stock $.01 Par | Jan 22, 2018 | M | 15,938 | $61.80 | A | 30,945 | D | |
| Common Stock $.01 ParF1 | Jan 22, 2018 | S | 24,758 | $109.7917 | D | 6,187 | D |
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 | $81.44 | Jan 22, 2018 | M | 9,706 | D | — | Sep 16, 2025 | Common Stock $.01 Par | 9,706 | 9,704 | D |
| Employee Stock Option (Right to Buy)F5,F4 | $79.23 | Jan 22, 2018 | M | 4,194 | D | — | Jan 19, 2027 | Common Stock $.01 Par | 4,194 | 12,582 | D |
| Employee Stock Option (Right to Buy)F7,F6 | $61.80 | Jan 22, 2018 | M | 15,938 | D | — | Jan 20, 2026 | Common Stock $.01 Par | 15,938 | 15,938 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The price actually received ranged from 109.7000 to $109.9328 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. 2014 Employee Incentive Plan, which complies with Rule 16b-3, on September 16, 2015. The option vests in four equal annual installments on September 16, 2016, 2017, 2018 and 2019.
- F3Total grant 19,410 shares. 0 shares previously exercised.
- F4Option granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3, on January 19, 2017. The option vests in four equal annual installments on January 19, 2018, 2019, 2020 and 2021.
- F5Total grant 16,776 shares. 0 shares previously exercised.
- F6Option granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3, on January 20, 2016. The option vests in four equal annual installments on January 20, 2017, 2018, 2019 and 2020.
- F7Total grant 31,876 shares. 0 shares previously exercised.