SEC Form 4 · accession 0000098246-18-000235
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger N Farah
Director · Other
Period of report
May 24, 2018
Accepted (ET)
May 29, 2018 · 9:49 pm EDT
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,F2,F3 | May 24, 2018 | A | 1,598 | $0.00 | A | 12,754 | D | |
| Common Stock $.01 Par | holding | — | — | — | 10,000 | I | By Family Trust |
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 | $126.44 | May 24, 2018 | A | 8,395 | A | May 25, 2018 | May 24, 2028 | Common Stock $.01 Par | 8,395 | 8,395 | D |
Explanation of responses
- F1Includes 1,598 unvested restricted stock units, which will vest in accordance with their terms on the earlier of the one-year anniversary of the grant date, or the termination of the reporting person's service as a director due to death or disability.
- F2Given for no consideration.
- F3Includes 2,754 restricted stock units, 1,156 of which are vested and 1,598 of which will vest on the earlier of May 24, 2019, or the termination of the reporting person's service as a director due to death or disability. The reporting person has elected to defer the maturity date of all the restricted stock units (and thereby the delivery of the related shares) until six months after the date on which he ceases to be a director. The terms of the restricted stock units provide for earlier delivery upon the death, or the end of service as a result of the disability, of the reporting person.
- F4Options granted pursuant to the Tiffany & Co. 2017 Directors Equity Compensation Plan, which complies with Rule 16b-3. The option is exercisable on the first business day following the grant date.