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TAPESTRY, INC. Director's Dealing 2015

Aug 15, 2015

30268_dirs_2015-08-14_8c9641a7-1f91-44e5-8e22-99ff74221b23.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COACH INC (COH)
CIK: 0001116132
Period of Report: 2015-08-12

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-08-12 Restricted Stock Unit $ A 2721.0000 Acquired Common Stock (2721.0000) Direct

Footnotes

F1: These securities were issued under the 2010 Stock Incentive Plan of the Issuer.

F2: These securities will convert on a 1-for-1 basis into shares of the Issuer's common stock.

F3: These securities were acquired through a performance adjustment related to the Reporting Person's PRSU granted issued on 8/15/2013, pursuant to the performance of the Company against specified performance goals, and determined by the Human Resources Committee of Coach's Board of Directors to be 113.94% of the target value. The second tranche of the original grant, reported at target, was originally 19,521.56 shares. Applying the 113.94% performance factor adjustment resulted in an additional 2,721 shares, for a total grant of 22,242.86 shares. The original grant has a graded vesting schedule and the date exercisable will vary for each vesting tranche.

F4: These securities do not expire.