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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.