TAPESTRY STOCK OWNERSHIP BY CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The table below presents information, as of August 31, 2018, except as otherwise noted below, with respect to the beneficial ownership of Tapestrys common stock by each stockholder known to us to be the beneficial owner of more than 5% of our common stock, each Director and Director nominee, our NEOs, and all Directors and executive officers as a group. Except as otherwise noted, the persons named in the table below have sole voting and investment power with respect to all shares shown as beneficially owned by them.
In general, beneficial ownership by an individual or entity includes those shares a Director or executive officer has the power to vote, or the power to transfer, and stock options or other derivative securities that are exercisable currently or
will become exercisable within 60 days; however, shares exercisable within 60 days are not considered outstanding for purposes of computing the percentage of ownership of any other individual or entity. Where indicated, the beneficial ownership described below includes share unit balances held under Tapestrys stock incentive plans and Non-Qualified Deferred Compensation Plan for Outside Directors. The value of share units and share equivalents mirrors the value of Tapestrys common stock. The amounts ultimately realized by the Directors will reflect all changes in the market value of Tapestry common stock from the date of deferral or accrual until the date of payout. The share equivalents do not have voting rights but are credited with dividend equivalents, if any, which will be forfeited if the underlying award forfeits.
Beneficial Owner
|
Shares owned
|
Percent of Class
|
T. Rowe Price Associates(1)
|
|
30,160,015
|
|
|
10.42%
|
|
Vanguard(2)
|
|
29,350,959
|
|
|
10.14
|
|
Blackrock(3)
|
|
17,889,600
|
|
|
6.18
|
|
Victor Luis(4)
|
|
781,824
|
|
|
*
|
|
Kevin Wills(5)
|
|
33,429
|
|
|
*
|
|
Ian Bickley(6)
|
|
138,075
|
|
|
*
|
|
Todd Kahn(7)
|
|
299,346
|
|
|
*
|
|
Joshua Schulman(8)
|
|
60,299
|
|
|
*
|
|
Darrell Cavens(9)
|
|
390
|
|
|
*
|
|
David Denton(10)
|
|
67,244
|
|
|
*
|
|
Anne Gates(11)
|
|
0
|
|
|
*
|
|
Andrea Guerra(12)
|
|
38,519
|
|
|
*
|
|
Susan Kropf(13)
|
|
82,781
|
|
|
*
|
|
Annabelle Yu Long(14)
|
|
24,052
|
|
|
*
|
|
Ivan Menezes(15)
|
|
74,725
|
|
|
*
|
|
William Nuti(16)
|
|
52,262
|
|
|
*
|
|
Doreen Toben(17)
|
|
0
|
|
|
*
|
|
Jide Zeitlin(18)
|
|
138,033
|
|
|
*
|
|
All Directors and Executive Officers as a Group (17 people)(19)
|
|
2,028,844
|
|
|
*
|
|
* Less than 1%.
(1) T. Rowe Price Associates, Inc. (Price Associates), as of December 31, 2017, possessed sole voting power with respect to 11,616,487 securities and sole dispositive power with respect to 30,160,015 securities, based on a Schedule 13G filed with the SEC on filed on February 14, 2018. Price Associates is located at 100 E. Pratt Street, Baltimore, MD 21202.
(2) The Vanguard Group (Vanguard), as of December 31, 2017, possessed sole voting power with respect to 397,566 securities, shared voting power with respect to 75,670 securities, sole dispositive power with respect to 28,880,347 securities and shared dispositive power with respect to 470,612 securities, based on a Schedule 13G/A filed with the SEC on February 9, 2018. Vanguard is located at 100 Vanguard Boulevard, Malvern, PA 19355.
(3) Blackrock, Inc. (Blackrock), as of December 31, 2017, possessed sole voting power with respect to 15,304,005 securities and sole dispositive power with respect to 17,889,600 securities, respectively, based on a Schedule 13G filed with the SEC on January 23, 2018. Blackrock is located at 55 East 52nd Street, New York, New York 10055.
(4) Includes 628,460 shares of common stock that may be purchased within 60 days of August 31, 2018 pursuant to the exercise of options.
(5) Includes 33,429 shares of common stock that may be purchased within 60 days of August 31, 2018 pursuant to the exercise of options.
(6) Includes 86,799 shares of common stock that may be purchased within 60 days of August 31, 2018 pursuant to the exercise of options.
(7) Includes 250,138 shares of common stock that may be purchased within 60 days of August 31, 2018 pursuant to the exercise of options.
(8) Includes 55,259 shares of common stock that may be acquired within 60 days of August 31, 2018 pursuant to the exercise of options.
(9) Became a Director on July 10, 2018.