TIFFANY & CO 4
4 · TIFFANY & CO · Filed May 31, 2016
Insider Transaction Report
Form 4
TIFFANY & COTIF
KOWALSKI MICHAEL JOSEPH
DirectorCHAIRMAN AND CEO
Transactions
- Award
Common Stock $.01 Par
2016-05-26+1,269→ 46,529 total - Award
Non-Qualified Stock Option (Right to Buy)
2016-05-26+6,020→ 6,020 totalExercise: $63.38From: 2016-05-27Exp: 2026-05-26→ Common Stock $.01 Par (6,020 underlying)
Holdings
- 17,572(indirect: By Foundation)
Common Stock $.01 Par
- 50,000(indirect: By Trust)
Common Stock $.01 Par
Footnotes (4)
- [F1]Includes 1,269 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.
- [F2]Given for no consideration.
- [F3]Includes 2,117 restricted stock units, 848 of which are vested and 1,269 of which will vest on the earlier of May 26, 2017, 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.
- [F4]Options granted pursuant to the Tiffany & Co. 2008 Directors Equity Compensation Plan, which complies with Rule 16b-3. The option is exercisable on the first business day following the grant date.