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

Role: CEO & Brand Pres. Kate Spade
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 $: $239,982
Form type: 4
Date filed: 8/25/2021, 04:34 PM
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPR	Common Stock	Award	$240K	+5.67K	+20.8%	$42.31	32.9K	Aug 23, 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	TPR	Stock Option	Award	$0	+34.4K		$0.00	34.4K	Aug 23, 2021	Common Stock	34.4K	$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.