SEC Form 4 · accession 0000098246-18-000097
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 24, 2018
Accepted (ET)
Jan 25, 2018 · 4:52 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 24, 2018 | M | 4,600 | $61.80 | A | 7,008 | D | |
| Common Stock $.01 ParF2,F1 | Jan 24, 2018 | S | 3,980 | $110.9523 | D | 3,028 | 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 | $61.80 | Jan 24, 2018 | M | 4,600 | D | — | Jan 20, 2026 | Common Stock $.01 Par | 4,600 | 23,120 | 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 $110.8378 to $110.9660 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 20, 2016. The option vests in four equal annual installments on January 20, 2017, 2018, 2019 and 2020.
- F4Total grant 27,720 shares. 0 shares previously exercised.