Clarence Otis Jr - Oct 1, 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
Oct 1, 2021
Transactions value $
$30,000
Form type
4
Date filed
10/5/2021, 01:57 PM
Previous filing
Oct 1, 2021
Next filing
Jan 4, 2022

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 Phantom Stock-d Award $30K +445 +0.63% $67.41 70.9K Oct 1, 2021 Common Stock 445 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 1 for 1.
F3 There is no date that should appear in these columns. These columns are not applicable to this particular filing.
F4 Each PSU was acquired at the election of the Director by deferring $67.41 of fees per PSU.