Thomas A. Glaser - Aug 19, 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
Stock symbol
TPR
Transactions as of
Aug 19, 2022
Transactions value $
-$2,860,570
Form type
4
Date filed
8/23/2022, 08:21 PM
Previous filing
Aug 18, 2022
Next filing
Aug 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPR Common Stock Tax liability -$72.6K -1.97K -1.71% $36.83 114K Aug 19, 2022 Direct F1
transaction TPR Common Stock Tax liability -$82.5K -2.24K -1.97% $36.83 111K Aug 19, 2022 Direct F2
transaction TPR Common Stock Options Exercise $2.64M +126K +113.21% $20.97 237K Aug 22, 2022 Direct
transaction TPR Common Stock Options Exercise $719K +45.4K +19.14% $15.83 283K Aug 22, 2022 Direct
transaction TPR Common Stock Sale -$433K -12.3K -4.33% $35.37 271K Aug 22, 2022 Direct
transaction TPR Common Stock Sale -$964K -27.3K -10.07% $35.39 243K Aug 22, 2022 Direct
transaction TPR Common Stock Tax liability -$1.17M -33.2K -13.64% $35.37 210K Aug 22, 2022 Direct F3
transaction TPR Common Stock Tax liability -$3.5M -98.8K -47.02% $35.39 111K Aug 22, 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 -45.4K -50% $0.00 45.4K Aug 22, 2022 Common Stock 45.4K $15.83 Direct
transaction TPR Stock Option Options Exercise $0 -126K -75% $0.00 42K Aug 22, 2022 Common Stock 126K $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.