SEC Form 4 · accession 0000098246-18-000266
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Rinaldo
Officer — VP-CONTRLR PRINC. ACCTG. OFF
Period of report
Jul 19, 2018
Accepted (ET)
Jul 23, 2018 · 7:30 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 | Jul 19, 2018 | M | 341 | — | A | 341 | D | |
| Common Stock $.01 ParF2 | Jul 19, 2018 | M | 6 | — | A | 347 | D | |
| Common Stock $.01 ParF3 | Jul 19, 2018 | F | 109 | $135.475 | D | 238 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jul 19, 2018 | M | 341 | D | — | — | Common Stock $.01 Par | 341 | 1,023 | D |
| Dividend Equivalent UnitsF2 | — | Jul 19, 2018 | M | 6 | D | — | — | Common Stock $.01 Par | 6 | 26 | D |
Explanation of responses
- F1The restricted stock units convert to the issuer's common stock on a one-for-one basis and will vest in four equal annual installments on July 19, 2018, 2019, 2020 and 2021.
- F2Settlement of dividend equivalent units in connection with vesting of restricted stock units. The dividend equivalent units accrued when and as dividends were paid on the issuer's common stock and vested proportionately with the restricted stock units to which they relate. The dividend equivalent units convert to the issuer's common stock on a one-for-one basis.
- F3Shares withheld to cover taxes on vested restricted stock units and dividend equivalent units pursuant to issuer's default equity vesting procedures.