TAPESTRY, INC. — Director's Dealing 2014

Aug 15, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COACH INC (COH)
CIK: 0001116132
Period of Report: 2014-08-13

Reporting Person: Luis Victor (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-13	Common Stock	M	18900.0000	—	Acquired	77948.0000	Direct
2014-08-13	Common Stock	F	9723.0000	$35.7000	Disposed	68225.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-13	Restricted Stock Unit	$	M	18900.0000	Disposed		Common Stock (18900.0000)	Direct
2014-08-14	Restricted Stock Unit	$	A	82622.0000	Acquired		Common Stock (82622.0000)	Direct
2014-08-14	Stock Option	$	A	314211.0000	Acquired	2024-08-15	Common Stock (314211.0000)	Direct

Footnotes

F1: Vesting of Restricted Stock Units.

F2: These shares were withheld to pay for the taxes in connection with the conversion of derivative securities described above.

F3: These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.

F4: These securities vested on August 13, 2014.

F5: These securities do not expire.

F6: These securities were issued under the 2010 Stock Incentive Plan of the Issuer.

F7: These performance based securities will vest on the third anniversary of the date of grant, based on the reporting person's continued employment with the issuer and performance of the Company against specified performance goals (determined by the Human Resources Committee of the Board of Directors) at Target levels. The actual number of award shares may range from 0-170% of the Target value, depending on the Company's level of the achievement of these performance measures and goals over the stated periods.

F8: These options vest in three equal installments on the first, second and third anniversaries of the date of grant.