Lauren Family, L.L.C. 4
4 · RALPH LAUREN CORP · Filed Mar 6, 2024
Insider Transaction Report
Form 4
Lauren Family, L.L.C.
10% Owner
Transactions
- Conversion
Class A Common Stock
2024-03-04+3,000,000→ 3,000,000 total - Sale
Class A Common Stock
2024-03-04$177.15/sh−3,000,000$531,450,000→ 0 total - Conversion
Class B Common Stock
2024-03-04−3,000,000→ 2,842,342 total→ Class A Common Stock (3,000,000 underlying)
Holdings
- 41,469
Class A Common Stock
Footnotes (3)
- [F1]The holder of the securities has the right, at the holder's option, at any time and from time to time, to convert shares of Class B Common Stock into Class A Common Stock on a one-for-one basis. On March 4, 2024, the Lauren Family, L.L.C. converted 3,000,000 shares of Class B Common Stock into an equal number of shares of Class A Common Stock and sold such shares of Class A Common Stock, in connection with a long-term strategy for estate planning and investment diversification.
- [F2]These securities are held by Lauren Family, L.L.C., a limited liability company of which Mr. David Lauren is a manager and in which Mr. David Lauren has an indirect pecuniary interest. Mr. David Lauren disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F3]These securities are held individually by Mr. David Lauren.