SEC Form 4 · accession 0000098246-18-000238
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
May 25, 2018
Accepted (ET)
May 30, 2018 · 4:55 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 Par | May 25, 2018 | M | 4,600 | $61.80 | A | 9,916 | D | |
| Common Stock $.01 ParF1 | May 25, 2018 | S | 4,046 | $129.0124 | D | 5,870 | 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)F3,F2 | $61.80 | May 25, 2018 | M | 4,600 | D | — | Jan 20, 2026 | Common Stock $.01 Par | 4,600 | 18,520 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The price actually received ranged from $128.8794 to $129.50000 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 January 20, 2016. The option vests in four equal annual installments on January 20, 2017, 2018, 2019 and 2020.
- F3Total grant 27,720 shares. 4,600 shares previously exercised.