Jane Nielsen - Aug 15, 2024 Form 4 Insider Report for RALPH LAUREN CORP (RL)

Role
COO
Signature
/s/ Avery S. Fischer, Attorney-in-Fact for Jane Nielsen
Stock symbol
RL
Transactions as of
Aug 15, 2024
Transactions value $
-$1,620,721
Form type
4
Date filed
8/19/2024, 04:30 PM
Previous filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RL Class A Common Stock Award +24.3K +40.77% 83.8K Aug 15, 2024 Direct F1
transaction RL Class A Common Stock Tax liability -$491K -2.98K -3.56% $164.88 80.8K Aug 15, 2024 Direct
transaction RL Class A Common Stock Tax liability -$622K -3.78K -4.67% $164.88 77K Aug 15, 2024 Direct
transaction RL Class A Common Stock Tax liability -$507K -3.08K -3.99% $164.88 73.9K Aug 15, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's Class A Common Stock issued to the Reporting Person as restricted stock units granted under the Issuer's 2019 Long-Term Stock Incentive Plan. These restricted stock units are scheduled to vest in three equal annual installments beginning August 15, 2025, however, pursuant to the terms of the Transition Agreement, dated as of May 23, 2024, between the Issuer and the Reporting Person, the restricted stock units will vest earlier on March 29, 2025.