4//SEC Filing
Galtie Philippe 4
Accession 0000098246-20-000047
CIK 0000098246other
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 6:33 PM ET
Size
12.7 KB
Accession
0000098246-20-000047
Insider Transaction Report
Form 4
TIFFANY & COTIF
Galtie Philippe
Senior Vice President
Transactions
- Tax Payment
Common Stock $.01 Par
2020-03-19$118.69/sh−3,112$369,379→ 36,609 total - Exercise/Conversion
Performance-based Restricted Stock Units
2020-03-19−7,643→ 0 total→ Common Stock $.01 Par (7,643 underlying) - Exercise/Conversion
Dividend Equivalent Units
2020-03-19−497→ 1,136 total→ Common Stock $.01 Par (497 underlying) - Exercise/Conversion
Common Stock $.01 Par
2020-03-19+7,643→ 39,224 total - Exercise/Conversion
Common Stock $.01 Par
2020-03-19+497→ 39,721 total
Footnotes (3)
- [F1]Each performance-based restricted stock unit represented a contingent right to receive a share of issuer's common stock upon satisfaction of financial performance criteria for the three-year performance period ended January 31, 2020 and publication of issuer's audited financial statements for the fiscal year ending on that date. 12,306 performance-based restricted stock units were granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3. The vesting of 4,663 of such performance-based restricted stock units, which were previously projected to vest and be earned in March 2020 following publication of such audited financial statements, was accelerated to December 17, 2019. The remaining 7,643 performance-based restricted stock units were accelerated to vest in full, notwithstanding actual financial performance, on March 19, 2020.
- [F2]Settlement of dividend equivalent units in connection with vesting of performance-based stock units. The dividend equivalent units accrued when and as dividends were paid on the issuer's common stock and vested proportionately with the performance-based stock units to which they relate. The dividend equivalent units convert to the issuer's common stock on a one-for-one basis.
- [F3]Shares withheld to cover taxes on vested performance-based restricted stock units pursuant to issuer's default equity vesting procedures.
Documents
Issuer
TIFFANY & CO
CIK 0000098246
Entity typeother
Related Parties
1- filerCIK 0001651698
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 6:33 PM ET
- Size
- 12.7 KB