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V F CORP — Director's Dealing 2017
Oct 2, 2017
30941_dirs_2017-10-02_2c4f1773-b4bf-4f2e-a0b7-ff378f53f32f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: V F CORP (VFC)
CIK: 0000103379
Period of Report: 2017-09-29
Reporting Person: OTIS CLARENCE JR (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-29 | Phantom Stock-d | $ | A | 431.5079 | Acquired | Common Stock (431.5079) | Direct |
Footnotes
F1: Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.
F2: Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors' Deferred Savings Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. PSUs are acquired based on a fund in which a trustee invests contributions in shares of VF Corporation Common Stock in the open market. The number of PSUs owned may vary over time due to reinvestment by the trustee of dividends, the holding of a portion of the fund's assets in cash rather than shares, and changes in the proportionate interest in the fund of other participants. The reporting person receives quarterly statements regarding the fund. Accordingly, information regarding the number of PSUs acquired at the reporting date and beneficially owned as a result of that transaction is estimated based on the amount of the reporting person's cash deferrals under the Plan and the closing price of shares on the date of the deferral.
F3: 1 for 1
F4: Column 2 should have an entry which reads "1 for 1".
F5: See also Footnote #1. Each PSU was acquired at the election of the Director by deferring $158.62 (estimated) of fees per PSU.
Shares are held in a family limited liability corporation.
F6: This column should have an entry which reads "1 for 1".
F7: There is no date that should appear in these columns. These columns are not applicable to this particular filing.