TIFFANY & CO 4
4 · TIFFANY & CO · Filed May 30, 2017
Insider Transaction Report
Form 4
TIFFANY & COTIF
MARQUIS CHALES K
Director
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2017-05-25+5,450→ 5,450 totalExercise: $85.82From: 2017-05-26Exp: 2027-05-25→ Common Stock $.01 Par (5,450 underlying) - Award
Common Stock $.01 Par
2017-05-25+933→ 50,202 total - Gift
Common Stock $.01 Par
2017-05-26−1,269→ 48,933 total
Holdings
- 30,249(indirect: By Trust)
Common Stock $.01 Par
- 56,000(indirect: By Trust)
Common Stock $.01 Par
Footnotes (8)
- [F1]Includes 933 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 933 unvested restricted stock units, which will vest on the earlier of May 25, 2018, 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 these 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]Shares transferred to the Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03.
- [F5]1,269 shares were transferred on 5/26/17 from directly owned shares to the Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03.
- [F6]Charles and Cynthia Marquis Joint Revocable Trust dated 12/8/03.
- [F7]Irrevocable Trust titled "Marquis 2012 Children's Trust." Reporting person is the sole trustee of the trust. Reporting person disclaims beneficial ownership of Tiffany & Co. stock held by the Marquis 2012 Children's Trust.
- [F8]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.