Joanne C. Crevoiserat - Aug 23, 2021 Form 4 Insider Report for TAPESTRY, INC. (TPR)

Role: Chief Executive Officer
Signature: /s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission
Stock symbol: TPR
Transactions as of: Aug 23, 2021
Transactions value $: $1,599,995
Form type: 4
Date filed: 8/25/2021, 04:34 PM
Previous filing: Aug 20, 2021
Next filing: Mar 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPR	Common Stock	Award	$1.6M	+37.8K	+21.03%	$42.31	218K	Aug 23, 2021	Direct	F1
transaction	TPR	Common Stock	Award	$0	+5.7K	+2.62%	$0.00	223K	Aug 23, 2021	Direct	F2

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	TPR	Stock Option	Award	$0	+229K		$0.00	229K	Aug 23, 2021	Common Stock	229K	$42.31	Direct	F3, F4, F5

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

Explanation of Responses:

Id	Content
F1	These securities were acquired in the form of unvested restricted stock units issued under the Issuer's Stock Incentive Plan. These securities will vest in four equal tranches on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 23, 2022, the second on August 23, 2023, the third on August 23, 2024 and the fourth on August 23, 2025.
F2	These securites represent performance restricted stock units for which performance measures were certified on August 23, 2021. These securities include all dividends accumulated since the granting of the award on August 19, 2019 and will vest three years after the grant date.
F3	These securities were issued under the Issuer's Stock Incentive Plan.
F4	These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
F5	These service-based securities vest in four equal installments on the first, second, third and fourth anniversaries of the date of grant. The first tranch will vest on August 23, 2022, the second on August 23, 2023, the third on August 23, 2024 and the fourth on August 23, 2025.