Harlan Leigh M. 4
4 · TIFFANY & CO · Filed Nov 30, 2020
Insider Transaction Report
Form 4
TIFFANY & COTIF
Harlan Leigh M.
SENIOR VICE PRESIDENT
Transactions
- Exercise/Conversion
Common Stock $.01 Par
2020-11-25$108.99/sh+2,701$294,382→ 39,722 total - Sale
Common Stock $.01 Par
2020-11-25$131.57/sh−8,396$1,104,663→ 38,224 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-11-25−6,898→ 0 totalExercise: $85.26Exp: 2029-01-17→ Common Stock $.01 Par (6,898 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-11-25−2,701→ 0 totalExercise: $108.99Exp: 2028-01-17→ Common Stock $.01 Par (2,701 underlying) - Exercise/Conversion
Common Stock $.01 Par
2020-11-25$85.26/sh+6,898$588,123→ 46,620 total
Holdings
- 12(indirect: BY ESOP)
Common Stock $.01 Par
Footnotes (5)
- [F1]The price in Column 4 is a weighted average price. The price actually received ranged from $131.5000 to $131.6400 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. The sale represents shares sold to cover the exercise price and applicable taxes in connection with the exercise of the underlying options.
- [F2]Options granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3, on January 17, 2018. The options were originally scheduled to vest in equal installments on January 17, 2019, 2020, 2021 and 2022. 2,701 options that were initially scheduled to vest on January 17, 2022 were accelerated and vested on November 23, 2020.
- [F3]Total grant 10,804 shares. 8,103 shares previously exercised.
- [F4]Options granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3, on January 17, 2019. The options were originally scheduled to vest in equal installments on January 17, 2020, 2021, 2022 and 2023. 3,449 options that were initially scheduled to vest on January 17, 2022, and 3,449 options that were initially scheduled to vest on January 17, 2023, were accelerated and vested on November 23, 2020.
- [F5]Total grant 13,796 shares. 6,898 shares previously exercised.