FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/26/2020 |
3. Issuer Name and Ticker or Trading Symbol
TAPESTRY, INC. [ TPR ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 7,853(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option(2) | 08/19/2020(3) | 08/19/2029 | Common Stock | 28,010 | $20.97 | D | |
Stock Option(2) | (4) | 08/13/2025 | Common Stock | 1,500 | $31.46 | D | |
Stock Option(2) | (4) | 08/11/2026 | Common Stock | 1,161 | $39.87 | D | |
Stock Option(2) | 08/17/2020(5) | 08/17/2027 | Common Stock | 3,065 | $41 | D | |
Stock Option(2) | 08/16/2020(6) | 08/16/2028 | Common Stock | 2,814 | $51.38 | D |
Explanation of Responses: |
1. These securities represent unvested restricted stock units. |
2. These securities were issued under the Issuer's Stock Incentive Plan. |
3. 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, 2020, the second on August 19, 2021, the third on August 19, 2022 and the fourth on August 19, 2023. |
4. These securities are fully vested. |
5. Of these securities 1,022 stock options vest on August 17, 2020 and 1,021 stock options vest on August 17, 2021 . The remaining securities are fully vested. |
6. Of these securities, 704 stock options will vest on August 16, 2020, 703 stock options will vest on August 16, 2021, and 703 stock options will best on August 16, 2022. The remaining securities are fully vested. |
Remarks: |
Exhibit 24: Power of Attorney |
/s/ Emily S. Zahler, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission | 07/01/2020 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |