SEC Form 4 · accession 0000098246-18-000100
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary E Costley
Director
Period of report
Jan 24, 2018
Accepted (ET)
Jan 25, 2018 · 5:17 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 | 3,860 | $42.37 | A | 14,822 | D | |
| Common Stock $.01 ParF1 | Jan 24, 2018 | M | 2,477 | $70.28 | A | 17,299 | D | |
| Common Stock $.01 ParF1 | Jan 24, 2018 | M | 2,878 | $61.12 | A | 20,177 | D | |
| Common Stock $.01 ParF2,F1 | Jan 24, 2018 | S | 9,215 | $109.3305 | D | 10,962 | D |
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)F4,F3 | $42.37 | Jan 24, 2018 | M | 3,860 | D | — | May 20, 2020 | Common Stock $.01 Par | 3,860 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F6,F5 | $70.28 | Jan 24, 2018 | M | 2,477 | D | — | May 19, 2021 | Common Stock $.01 Par | 2,477 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F8,F7 | $61.12 | Jan 24, 2018 | M | 2,878 | D | — | May 17, 2022 | Common Stock $.01 Par | 2,878 | 0 | D |
Explanation of responses
- F1Includes 9,962 restricted stock units, 9,029 of which are vested and 933 of which will vest on the earlier of May 25, 2018, or the termination of the reporting person's service as a director due to death or disability.
- F2The price in Column 4 is a weighted average price. The price actually received ranged from $109.3301 to $109.3400 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.
- F3Options granted pursuant to the Tiffany & Co. 2008 Directors Equity Compensation Plan, which complies with Rule 16b-3, on May 20, 2010. The option vested in full on the first business day following the grant date.
- F4Total grant 3,860 shares. 0 shares previously exercised.
- F5Options granted pursuant to the Tiffany & Co. 2008 Directors Equity Compensation Plan, which complies with Rule 16b-3, on May 19, 2011. The option vested in full on the grant date.
- F6Total grant 2,477 shares. 0 shares previously exercised.
- F7Granted Pursuant to the Tiffany & Co. 2008 Directors Equity Compensation Plan, which complies with Rule 16(b)-3, on May 17, 2012. The option vested in full on the grant date.
- F8Total grant 2,878 shares. 0 shares previously exercised.