Manesh Dadlani - 23 Aug 2021 Form 4 Insider Report for TAPESTRY, INC. (TPR)

Role: VP, Controller and PAO
Signature: /s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission
Issuer symbol: TPR
Transactions as of: 23 Aug 2021
Net transactions value: +$81,795
Form type: 4
Filing time: 25 Aug 2021, 16:34:08 UTC
Previous filing: 20 Aug 2021
Next filing: 19 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPR	Common Stock	Award	$202,496	+4,786	+29%	$42.31	21,486	23 Aug 2021	Direct	F1
transaction	TPR	Common Stock	Options Exercise	$62,910	+3,000	+14%	$20.97	24,486	23 Aug 2021	Direct
transaction	TPR	Common Stock	Options Exercise	$33,718	+2,130	+8.7%	$15.83	26,616	23 Aug 2021	Direct
transaction	TPR	Common Stock	Sale	$24,024	-567	-2.1%	$42.37	26,049	23 Aug 2021	Direct
transaction	TPR	Common Stock	Sale	$27,280	-644	-2.5%	$42.36	25,405	23 Aug 2021	Direct
transaction	TPR	Common Stock	Tax liability	$66,224	-1,563	-6.2%	$42.37	23,842	23 Aug 2021	Direct
transaction	TPR	Common Stock	Tax liability	$99,800	-2,356	-9.9%	$42.36	21,486	23 Aug 2021	Direct

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	Options Exercise	$0	-2,130	-25%	$0.000000	6,390	23 Aug 2021	Common Stock	2,130	$15.83	Direct
transaction	TPR	Stock Option	Options Exercise	$0	-3,000	-14%	$0.000000	18,007	23 Aug 2021	Common Stock	3,000	$20.97	Direct
transaction	TPR	Stock Option	Award	$0	+1,611		$0.000000	1,611	23 Aug 2021	Common Stock	1,611	$42.31	Direct	F2, F3, F4

* 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 securities were issued under the Issuer's Stock Incentive Plan.
F3	These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
F4	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.