Scott A. Roe - Aug 22, 2022 Form 4 Insider Report for TAPESTRY, INC. (TPR)

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 22, 2022
Transactions value $
$649,986
Form type
4
Date filed
8/23/2022, 09:15 PM
Previous filing
Jun 2, 2022
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPR Common Stock Award $650K +18.4K +152.57% $35.41 30.4K Aug 22, 2022 Direct F1

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 +108K $0.00 108K Aug 22, 2022 Common Stock 108K $35.41 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 22, 2023, the second on August 22, 2024, the third on August 22, 2025 and the fourth on August 22, 2026.
F2 These securities were issued under the Issuer's Stock Incentive Plan.
F3 These securities will convert on a 1-for-1 basis into shares of the issuer's common stock.
F4 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 22, 2023, the second on August 22, 2024, the third on August 22, 2025 and the fourth on August 22, 2026.