4//SEC Filing
TIFFANY & CO 4
Accession 0000098246-16-000236
CIK 0000098246operating
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 5:43 PM ET
Size
20.5 KB
Accession
0000098246-16-000236
Insider Transaction Report
Form 4
TIFFANY & COTIF
KOWALSKI MICHAEL JOSEPH
DirectorCHAIRMAN AND CEO
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2016-04-04−34,500→ 0 totalExercise: $63.76Exp: 2023-01-16→ Common Stock $.01 Par (34,500 underlying) - Exercise/Conversion
Common Stock $.01 Par
2016-04-04$58.00/sh+67,000$3,886,000→ 112,260 total - Exercise/Conversion
Common Stock $.01 Par
2016-04-04$60.54/sh+53,250$3,223,755→ 165,510 total - Sale
Common Stock $.01 Par
2016-04-04$72.41/sh−102,926$7,453,108→ 97,084 total - Sale
Common Stock $.01 Par
2016-04-04$73.50/sh−51,824$3,809,074→ 45,260 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2016-04-04−67,000→ 0 totalExercise: $58.00Exp: 2021-01-20→ Common Stock $.01 Par (67,000 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2016-04-04−53,250→ 0 totalExercise: $60.54Exp: 2022-01-18→ Common Stock $.01 Par (53,250 underlying) - Exercise/Conversion
Common Stock $.01 Par
2016-04-04$63.76/sh+34,500$2,199,720→ 200,010 total
Holdings
- 17,572(indirect: By Foundation)
Common Stock $.01 Par
- 50,000(indirect: By Trust)
Common Stock $.01 Par
Footnotes (9)
- [F1]848 shares in the total is an unvested restricted stock unit grant.
- [F2]The price in Column 4 is a weighted average price. The price actually received ranged from $72.06 to $73.05 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.
- [F3]The price in Column 4 is a weighted average price. The price actually received ranged from $73.06 to $74.05 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.
- [F4]Options granted pursuant to the Tiffany & Co. 2005 Employee Incentive Plan, which complies with Rule 16b-3, on January 20, 2011. The option vested in four equal annual installments on January 20, 2012, 2013, 2014 and 2015.
- [F5]Total grant 67,000 shares. 0 shares previously exercised.
- [F6]Options granted pursuant to the Tiffany & Co. 2005 Employee Incentive Plan, which complies with Rule 16b-3, on January 18, 2012. The option was scheduled to vest in four equal annual installments on January 18, 2013, 2014, 2015 and 2016. Pursuant to the applicable terms of such option, 17,750 unvested options were forfeited upon Mr. Kowalski's retirement as Chief Executive Officer, effective March 31, 2015, and his transition to a non-employee director serving as Chairman of the Board, effective April 1, 2015.
- [F7]53,250 options vested prior to Mr. Kowalski's retirement as Chief Executive Officer effective March 31, 2015. 0 shares previously exercised.
- [F8]Options granted pursuant to the Tiffany & Co. 2005 Employee Incentive Plan, which complies with Rule 16b-3, on January 16, 2013. The option was scheduled to vest in four equal annual installments on January 16, 2014, 2015, 2016 and 2017. Pursuant to the applicable terms of such option, 34,500 unvested options were forfeited upon Mr. Kowalski's retirement as Chief Executive Officer, effective March 31, 2015, and his transition to a non-employee director serving as Chairman of the Board, effective April 1, 2015.
- [F9]34,500 options vested prior to Mr. Kowalski's retirement as Chief Executive Officer effective March 31, 2015. 0 shares previously exercised.
Documents
Issuer
TIFFANY & CO
CIK 0000098246
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000098246
Filing Metadata
- Form type
- 4
- Filed
- Apr 5, 8:00 PM ET
- Accepted
- Apr 6, 5:43 PM ET
- Size
- 20.5 KB