SCHULMAN JOSHUA 4
4 · TAPESTRY, INC. · Filed Aug 20, 2018
Insider Transaction Report
Form 4
SCHULMAN JOSHUA
CEO and President, Coach Brand
Transactions
- Award
Common Stock
2018-08-16$51.38/sh+9,731$499,979→ 39,983 total - Tax Payment
Common Stock
2018-08-17$51.41/sh−961$49,405→ 39,022 total - Award
Stock Option
2018-08-16+86,598→ 86,598 totalExercise: $51.38From: 2019-08-16Exp: 2028-08-16→ Common Stock (86,598 underlying)
Footnotes (5)
- [F1]These securities were acquired in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest in four equal tranches on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 16, 2019, the second on August 16, 2020, the third on August 16, 2021 and the fourth on August 16, 2022.
- [F2]These shares were withheld to pay for the taxes in connection with the vesting of the restricted stock units on the Transaction Date.
- [F3]These securities were issued under the Issuer's Stock Incentive Plan.
- [F4]These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
- [F5]These service-based securities vest in four equal installments on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 16, 2019, the second on August 16, 2020, the third on August 16, 2021 and the fourth on August 16, 2022.