Form 4 for TPR Tapestry, Inc.
Accepted 2023-08-23 00:00:00 ET · period of report 2023-08-21 · accession 0001225208-23-008428 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-08-23 | 2023-08-21 | TPR | Howard David E | GC, Sec | A - Grant | $36.92 | +23.3K | 81.7K | +40% | +$860.8K |
| D | 2023-08-23 | 2023-08-22 | TPR | Howard David E | GC, Sec | F - Tax | $33.16 | -1,544 | 80.1K | -2% | -$51.2K |
| D | 2023-08-23 | 2023-08-21 | TPR | Howard David E | GC, Sec | A - Grant | $33.81 | +47.6K | 47.6K | New | +$1.61M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-21 | A | A | 14,789 | $33.81 | 73,148 | D | — | — | (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 21, 2024, the second on August 21, 2025, the third on August 21, 2026 and the fourth on August 21, 2027. |
| 2 | Common | Common Stock | 2023-08-21 | A | A | 8,528 | $42.31 | 81,676 | D | — | — | (F2) 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. |
| 3 | Common | Common Stock | 2023-08-22 | F | D | 1,544 | $33.16 | 80,132 | D | — | — | (F3) These shares were withheld to pay the taxes in connection with the vesting of restricted stock units. |
| 4 | Derivative | Stock Option | 2023-08-21 | A | A | 47,582 | $33.81 | 47,582 | D | $33.81 · 2024-08-21 to 2033-08-21 | 47,582 Common Stock | (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. |