SEC Form 4 · accession 0000098246-18-000295
TIFFANY & CO · TIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alessandro Bogliolo
Officer — Chief Executive Officer · Director
Period of report
Oct 2, 2018
Accepted (ET)
Oct 3, 2018 · 4:52 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 | Oct 2, 2018 | M | 4,282 | — | A | 4,282 | D | |
| Common Stock $.01 ParF2 | Oct 2, 2018 | M | 39 | — | A | 4,321 | D | |
| Common Stock $.01 ParF3 | Oct 2, 2018 | F | 2,300 | $126.795 | D | 2,021 | 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 | — | Oct 2, 2018 | M | 4,282 | D | — | — | Common Stock $.01 Par | 4,282 | 8,564 | D |
| Dividend Equivalent UnitsF2 | — | Oct 2, 2018 | M | 39 | D | — | — | Common Stock $.01 Par | 39 | 629 | 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 three equal annual installments on October 2, 2018, 2019 and 2020.
- 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.