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TAPESTRY, INC. — Director's Dealing 2023
Aug 23, 2023
30268_dirs_2023-08-23_7123df28-92b2-4922-bf0b-5c395ac61864.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TAPESTRY, INC. (TPR)
CIK: 0001116132
Period of Report: 2023-08-21
Reporting Person: Fraser Elizabeth (CEO & Brand Pres. Kate Spade)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-21 | Common Stock | A | 13643.0000 | $42.3100 | Acquired | 62785.0000 | Direct |
| 2023-08-21 | Common Stock | A | 7690.0000 | $33.8100 | Acquired | 70475.0000 | Direct |
| 2023-08-22 | Common Stock | F | 765.0000 | $33.1600 | Disposed | 69710.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-21 | Stock Option | $33.8100 | A | 49485.0000 | Acquired | 2033-08-21 | Common Stock (49485.0000) | Direct |
Footnotes
F1: 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.
F2: 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.
F3: These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
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.