W. Rodney Mcmullen - Dec 29, 2023 Form 4 Insider Report for V F CORP (VFC)

Role
Director
Signature
/s/ Vivian Coates for W Rodney McMullen (pursuant to signing authority on file)
Stock symbol
VFC
Transactions as of
Dec 29, 2023
Transactions value $
$33,750
Form type
4
Date filed
1/3/2024, 06:53 PM
Previous filing
Oct 3, 2023
Next filing
Mar 11, 2024

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 $33.8K +1.78K +9.96% $18.93 19.7K Dec 29, 2023 Common Stock 1.78K 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 $18.933 of fees per PSU.