4//SEC Filing
Hart Andrew W. 4
Accession 0000098246-20-000151
CIK 0000098246other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 5:50 PM ET
Size
21.4 KB
Accession
0000098246-20-000151
Insider Transaction Report
Form 4
TIFFANY & COTIF
Hart Andrew W.
SENIOR VICE PRESIDENT
Transactions
- Exercise/Conversion
Performance-based Restricted Stock Units
2020-12-22−11,260→ 0 total→ Common Stock $.01 Par (11,260 underlying) - Exercise/Conversion
Common Stock $.01 Par
2020-12-22+8,810→ 35,369 total - Exercise/Conversion
Performance-based Restricted Stock Units
2020-12-22−8,810→ 0 total→ Common Stock $.01 Par (8,810 underlying) - Exercise/Conversion
Common Stock $.01 Par
2020-12-22+511→ 35,880 total - Tax Payment
Common Stock $.01 Par
2020-12-22$131.18/sh−5,716$749,796→ 37,271 total - Exercise/Conversion
Dividend Equivalent Units
2020-12-22−923→ 267 total→ Common Stock $.01 Par (923 underlying) - Exercise/Conversion
Common Stock $.01 Par
2020-12-22+11,260→ 42,575 total - Exercise/Conversion
Common Stock $.01 Par
2020-12-22+412→ 42,987 total - Tax Payment
Common Stock $.01 Par
2020-12-22$131.18/sh−4,565$598,814→ 31,315 total
Holdings
- 3(indirect: By ESPP)
Common Stock $.01 Par
- 1,089(indirect: By 401(k))
Common Stock $.01 Par
- 349(indirect: By ESOP)
Common Stock $.01 Par
Footnotes (4)
- [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, 2021 and publication of issuer's audited financial statements for the fiscal year ending on that date. 8,810 performance-based restricted stock units were granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3. Such performance-based restricted stock units were accelerated to vest in full, notwithstanding actual financial performance, on December 22, 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.
- [F4]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, 2022 and publication of issuer's audited financial statements for the fiscal year ending on that date. 11,260 performance-based restricted stock units were granted pursuant to the Tiffany & Co. 2014 Employee Incentive Plan, which complies with Rule 16b-3. Such performance-based restricted stock units were accelerated to vest in full, notwithstanding actual financial performance, on December 22, 2020.
Documents
Issuer
TIFFANY & CO
CIK 0000098246
Entity typeother
Related Parties
1- filerCIK 0001550544
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 5:50 PM ET
- Size
- 21.4 KB