Todd Kahn - Aug 16, 2024 Form 4 Insider Report for TAPESTRY, INC. (TPR)

Role
CEO and Brand President, Coach
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 16, 2024
Transactions value $
$476,230
Form type
4
Date filed
8/20/2024, 04:11 PM
Previous filing
Aug 24, 2023
Next filing
Aug 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPR Common Stock Tax liability -$124K -3.06K -1.41% $40.40 215K Aug 16, 2024 Direct F1
transaction TPR Common Stock Award $600K +14.8K +6.88% $40.58 230K Aug 19, 2024 Direct F2

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 +99.5K $0.00 99.5K Aug 19, 2024 Common Stock 99.5K $40.58 Direct F3, F4, F5
* 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 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 19, 2025, the second on August 19, 2026, the third on August 19, 2027 and the fourth on August 19, 2028.
F3 These securities were issued under the Issuer's Stock Incentive Plan.
F4 These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
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 19, 2025, the second on August 19, 2026, the third on August 19, 2027 and the fourth on August 19, 2028.