Fraser Elizabeth 4
4 · TAPESTRY, INC. · Filed Aug 23, 2023
Insider Transaction Report
Form 4
Fraser Elizabeth
CEO & Brand Pres. Kate Spade
Transactions
- Award
Common Stock
2023-08-21$33.81/sh+7,690$259,999→ 70,475 total - Award
Common Stock
2023-08-21$42.31/sh+13,643$577,235→ 62,785 total - Tax Payment
Common Stock
2023-08-22$33.16/sh−765$25,367→ 69,710 total - Award
Stock Option
2023-08-21$33.81/sh+49,485$1,673,088→ 49,485 totalExercise: $33.81From: 2024-08-21Exp: 2033-08-21→ Common Stock (49,485 underlying)
Footnotes (6)
- [F1]These securities represent performance restricted stock units for which performance measures were certified on August 21, 2023. These securities include all dividends accumulated since the granting of the award on August 23, 2021 and will vest in full on August 23, 2024.
- [F2]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 21, 2024, the second on August 21, 2025, the third on August 21, 2026 and the fourth on August 21, 2027.
- [F3]These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
- [F4]These securities were issued under the Issuer's Stock Incentive Plan.
- [F5]These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
- [F6]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 21, 2024, the second on August 21, 2025, the third on August 21, 2026 and the fourth on August 21, 2027.