TAPESTRY, INC. — Director's Dealing 2020

Mar 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TAPESTRY, INC. (TPR)
CIK: 0001116132
Period of Report: 2020-03-02

Reporting Person: Fraser Elizabeth (CEO & Brand Pres. Kate Spade)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-02	Common Stock	A	11257.0000	$23.6900	Acquired	11257.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-02	Stock Option	$23.6900	A	65350.0000	Acquired	2030-03-02	Common Stock (65350.0000)	Direct

Footnotes

F1: These securities were issued under the Issuer's Stock Incentive Plan. These service-based securities represent restricted stock units granted to the Reporting Person on the Transaction Date and vest in four equal installments on the first, second, third and fourth anniversaries of the Transaction Date. The first installment will vest on March 2, 2021, the second on March 2, 2022, the third on March 2, 2023 and the fourth on March 2, 2024.

F2: These securities were issued under the Issuer's Stock Incentive Plan.

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

F4: 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 March 2, 2021, the second on March 2, 2022, the third on March 2, 2023 and the fourth on March 2, 2024.