David E. Howard - 23 Aug 2021 Form 4 Insider Report for TAPESTRY, INC. (TPR)

Reporting relationship: General Counsel & Secretary
Issuer ticker: TPR
Reported as of: 23 Aug 2021
Net transaction value: +$300,020
SEC form: 4
Accepted by SEC: 25 Aug 2021, 16:34:53 UTC
Prior SEC filing: 20 Aug 2021
Next SEC filing: 27 Aug 2021
Source filing: View source filing
Reporting owner signature: /s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission

Key filing fact

David E. Howard filed Form 4 for TAPESTRY, INC. (TPR) on 25 Aug 2021.

Key facts

This page summarizes David E. Howard's Form 4 filing for TAPESTRY, INC. (TPR).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 25 Aug 2021, 16:34.

Change

Previous filing in this sequence was filed on 20 Aug 2021.
Current net transaction value: +$300,020.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TPR transaction

Common Stock

Award

Transaction value: $300,020
Shares: +7,091
Change %: +11%
Price: $42.31
Shares after: 70,043
Date: 23 Aug 2021
Ownership: Direct
Footnotes: F1

TPR transaction

Common Stock

Award

Transaction value: $0
Shares: +759
Change %: +1.1%
Price: $0.000000
Shares after: 70,802
Date: 23 Aug 2021
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TPR transaction Derivative

Stock Option

Award

Transaction value: $0
Shares: +21,482
Change %
Price: $0.000000
Shares after: 21,482
Date: 23 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 21,482
Exercise price: $42.31
Footnotes: F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote 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.

Footnote F3

These securities were issued under the Issuer's Stock Incentive Plan.

Footnote F4

These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.

Footnote 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.