SHUTZER WILLIAM A 4
4 · TIFFANY & CO · Filed Jun 3, 2020
Insider Transaction Report
Form 4
TIFFANY & COTIF
SHUTZER WILLIAM A
Director
Transactions
- Award
Common Stock $.01 Par
2020-06-01+1,246→ 184,530 total
Holdings
- 32,210(indirect: By Trust)
Common Stock $.01 Par
- 107,250(indirect: By KJC Ltd.)
Common Stock $.01 Par
Footnotes (5)
- [F1]Includes 1,246 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 3,450 restricted stock units, 1,348 of which are vested; 856 of which are scheduled to vest on the earlier of June 4, 2020, or the termination of the reporting person's service as a director due to death or disability; and 1,246 of which are scheduled to vest on the earlier of June 1, 2021, or the termination of the reporting person's service as a director due to death or disability. The reporting person has elected to defer delivery of the 1,348 vested 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 disability, of the reporting person.
- [F4]KJC Ltd. is a Delaware limited partnership of which the reporting person is the sole general partner and of which three of his adult children are limited partners. Reporting person disclaims beneficialownership of Tiffany & Co. stock held by KJC Ltd.
- [F5]Article IV trust dated August 1, 2012 for one of the reporting person's adult children. Reporting person's spouse, Faye Shutzer, is the sole trustee of the trust. Reporting person disclaims beneficial ownership of the Tiffany & Co. stock held by the trust.