Thomas A. Glaser - 19 Aug 2022 Form 4 Insider Report for TAPESTRY, INC. (TPR)

Role
Chief Operations Officer
Signature
/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission
Issuer symbol
TPR
Transactions as of
19 Aug 2022
Net transactions value
-$2,860,570
Form type
4
Filing time
23 Aug 2022, 20:21:52 UTC
Previous filing
18 Aug 2022
Next filing
24 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPR Common Stock Tax liability $72,629 -1,972 -1.7% $36.83 113,580 19 Aug 2022 Direct F1
transaction TPR Common Stock Tax liability $82,499 -2,240 -2% $36.83 111,340 19 Aug 2022 Direct F2
transaction TPR Common Stock Options Exercise $2,643,185 +126,046 +113% $20.97 237,386 22 Aug 2022 Direct
transaction TPR Common Stock Options Exercise $719,284 +45,438 +19% $15.83 282,824 22 Aug 2022 Direct
transaction TPR Common Stock Sale $433,389 -12,253 -4.3% $35.37 270,571 22 Aug 2022 Direct
transaction TPR Common Stock Sale $964,378 -27,250 -10% $35.39 243,321 22 Aug 2022 Direct
transaction TPR Common Stock Tax liability $1,173,753 -33,185 -14% $35.37 210,136 22 Aug 2022 Direct F3
transaction TPR Common Stock Tax liability $3,496,390 -98,796 -47% $35.39 111,340 22 Aug 2022 Direct F3

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 -45,438 -50% $0.000000 45,437 22 Aug 2022 Common Stock 45,438 $15.83 Direct
transaction TPR Stock Option Options Exercise $0 -126,046 -75% $0.000000 42,015 22 Aug 2022 Common Stock 126,046 $20.97 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld to pay the taxes in connection with the vesting of restricted stock units.
F2 These shares were withheld to pay for the taxes in connection with the vesting of performance restricted stock units on August 19, 2022, for which performance was certified on August 23, 2021.
F3 These shares were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the derivative securities described above.