Statement of Changes in Beneficial Ownership (4)
11 Enero 2021 - 4:12PM
Edgar (US Regulatory)
FORM 4
[X]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
SHUTZER WILLIAM A |
2. Issuer Name and Ticker or Trading Symbol
TIFFANY & CO
[
TIF
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Last)
(First)
(Middle)
TIFFANY & CO., 727 FIFTH AVENUE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
1/7/2021 |
(Street)
NEW YORK, NY 10022
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock $.01 Par | 1/7/2021 | | D | | 112977 | D | $131.50 (1) | 0 | D | |
Common Stock $.01 Par | 1/7/2021 | | D | | 102690 | D | $131.50 (1) | 0 | I | By KJC Ltd. (2) |
Common Stock $.01 Par | 1/7/2021 | | D | | 32210 | D | $131.50 (1) | 0 | I | By Article IV Trust (3) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Non-Qualified Stock Option (Right to Buy) | $93.53 | 1/7/2021 | | D | | | 4951 | (4) | 6/4/2029 | Common Stock $.01 Par | 4951.0 | (4) | 0 | D | |
Non-Qualified Stock Option (Right to Buy) | $126.44 | 1/7/2021 | | D | | | 3326 | (4) | 5/24/2028 | Common Stock $.01 Par | 3326.0 | (4) | 0 | D | |
Non-Qualified Stock Option (Right to Buy) | $85.82 | 1/7/2021 | | D | | | 5450 | (4) | 5/25/2027 | Common Stock $.01 Par | 5450.0 | (4) | 0 | D | |
Non-Qualified Stock Option (Right to Buy) | $63.38 | 1/7/2021 | | D | | | 6020 | (4) | 5/26/2026 | Common Stock $.01 Par | 6020.0 | (4) | 0 | D | |
Non-Qualified Stock Option (Right to Buy) | $94.63 | 1/7/2021 | | D | | | 3409 | (4) | 5/28/2025 | Common Stock $.01 Par | 3409.0 | (4) | 0 | D | |
Non-Qualified Stock Option (Right to Buy) | $96.73 | 1/7/2021 | | D | | | 2976 | (4) | 5/22/2024 | Common Stock $.01 Par | 2976.0 | (4) | 0 | D | |
Non-Qualified Stock Option (Right to Buy) | $76.82 | 1/7/2021 | | D | | | 2886 | (4) | 5/16/2023 | Common Stock $.01 Par | 2886.0 | (4) | 0 | D | |
Non-Qualified Stock Option (Right to Buy) | $61.12 | 1/7/2021 | | D | | | 2878 | (4) | 5/17/2022 | Common Stock $.01 Par | 2878.0 | (4) | 0 | D | |
Non-Qualified Stock Option (Right to Buy) | $70.28 | 1/7/2021 | | D | | | 2477 | (4) | 5/19/2021 | Common Stock $.01 Par | 2477.0 | (4) | 0 | D | |
Explanation of Responses: |
(1) | Disposed of pursuant to the Amended and Restated Agreement and Plan of Merger, dated as of October 28, 2020, by and among Tiffany & Co. (the "Company"), LVMH Moet Hennessy-Louis Vuitton SE ("Parent"), Breakfast Holdings Acquisition Corp. ("Holding") and Breakfast Acquisition Corp. ("Merger Sub") (the "Merger Agreement"), which amended and restated the Agreement and Plan of Merger, dated as of November 24, 2019, by and among the Company, Parent, Holding and Merger Sub, in exchange for $131.50 per share in cash, without interest and less any required withholding taxes (the "Per Share Merger Consideration"). The total number of shares disposed of included 1,246 unvested restricted stock units ("RSUs"), and 1,366 vested RSUs (which includes dividend equivalent units credited in respect of such vested RSUs) as to which the director elected to defer the maturity date (and thereby the delivery of the related shares). |
(2) | KJC Ltd. is a Delaware limited partnership of which the reporting person is the sole general partner and of which three of his adult children are limited partners. Reporting person disclaims beneficial ownership of Tiffany & Co. stock held by KJC Ltd. |
(3) | Article IV trust dated August 1, 2012 for one of the reporting person's adult children. Reporting person's spouse, Faye Shutzer, is the sole trustee of the trust. Reporting person disclaims beneficial ownership of the Tiffany & Co. stock held by the trust. |
(4) | Pursuant to the Merger Agreement, each outstanding option, whether vested or unvested, was canceled and converted into the right to receive an amount in cash, without interest and less any required withholding taxes, equal to the product of (i) the excess, if any, of (A) the Per Share Merger Consideration over (B) the per-share exercise price for such option, multiplied by (ii) the total number of shares underlying such option. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
SHUTZER WILLIAM A TIFFANY & CO. 727 FIFTH AVENUE NEW YORK, NY 10022 | X |
|
|
|
Signatures
|
/s/ Catherine W.H. So, Attorney-in-Fact | | 1/11/2021 |
**Signature of Reporting Person | Date |
Tiffany (NYSE:TIF)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Tiffany (NYSE:TIF)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025
Real-Time news about Tiffany and Co (New York Stock Exchange): 0 recent articles
Más de Tiffany & Co Artículos de Noticias