Clarence Otis Jr - Jun 2, 2021 Form 4 Insider Report for V F CORP (VFC)

Role: Director
Signature: /s/ Mark R. Townsend for Clarence Otis, Jr. (Pursuant to signing authority on file)
Stock symbol: VFC
Transactions as of: Jun 2, 2021
Transactions value $: -$476,188
Form type: 4
Date filed: 6/3/2021, 03:07 PM
Previous filing: May 27, 2021
Next filing: Jul 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VFC	Common Stock	Options Exercise	$287K	+7.64K	+40.42%	$37.60	26.5K	Jun 2, 2021	Direct
transaction	VFC	Common Stock	Options Exercise	$307K	+5.81K	+21.91%	$52.74	32.3K	Jun 2, 2021	Direct
transaction	VFC	Common Stock	Sale	-$1.07M	-13.4K	-41.58%	$79.56	18.9K	Jun 2, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VFC	2013 Non-qualified Stock Option (Right to Buy)	Options Exercise	$0	-7.64K	-100%	$0.00^*	0	Jun 2, 2021	Common Stock	7.64K	$37.60	Direct	F2
transaction	VFC	2014 Non-qualified Stock Option (Right to Buy)	Options Exercise	$0	-5.81K	-100%	$0.00^*	0	Jun 2, 2021	Common Stock	5.81K	$52.74	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $79.53 to not more than $79.571. The reporting person undertakes to provide to VF Corporation, any security holder of VF Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F2	Reflects an adjustment in the number of shares of common stock purchasable pursuant to the specified stock option, and the exercise price of such stock option, in connection with the spinoff of Kontoor Brands, Inc. on May 22, 2019.

Content

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from not less than $79.53 to not more than $79.571. The reporting person undertakes to provide to VF Corporation, any security holder of VF Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Reflects an adjustment in the number of shares of common stock purchasable pursuant to the specified stock option, and the exercise price of such stock option, in connection with the spinoff of Kontoor Brands, Inc. on May 22, 2019.