FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
COACH INC [ COH ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 08/13/2015 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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 | 08/14/2015 | M | 22,243 | A | $0(1) | 110,781 | D | |||
Common Stock | 08/14/2015 | M | 3,922 | A | $0(1) | 114,703 | D | |||
Common Stock(2) | 08/14/2015 | F | 2,029 | D | $31.93 | 112,674 | D | |||
Common Stock(2) | 08/14/2015 | F | 11,505 | D | $31.93 | 101,169 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) | 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: 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 | ||||||||
Restricted Stock Unit(3) | (4) | 08/13/2015 | A | 114,431 | (5) | (6) | Common Stock | 114,431 | $0.0000 | 821,447 | D | ||||
Stock Option(3) | (4) | 08/13/2015 | A | 431,734 | (7) | 08/13/2025 | Common Stock | 431,734 | $31.46 | 431,734 | D | ||||
Restricted Stock Unit | (4) | 08/14/2015 | M | 3,922 | (8) | (6) | Common Stock | 3,922 | $0.0000 | 817,525 | D | ||||
Restricted Stock Unit | (4) | 08/14/2015 | M | 22,243 | (8) | (6) | Common Stock | 22,243 | $0.0000 | 795,282 | D |
Explanation of Responses: |
1. Vesting of Restricted Stock Units. |
2. These shares were withheld to pay for the taxes in connection with the conversion of derivative securities described above. |
3. These securities were issued under the 2010 Stock Incentive Plan of the Issuer. |
4. These securities will convert on a 1-for-1 basis into shares of the issuer's common stock. |
5. These performance based securities will vest on the third anniversary of the date of grant, based on the reporting person's continued employment with the issuer and performance of the Company against specified performance goals (determined by the Human Resources Committee of the Board of Directors) at Target levels. The actual number of award shares may range from 0-170% of the Target value, depending on the Company's level of the achievement of these performance measures and goals over the stated periods. |
6. These securities do not expire. |
7. These options vest in three equal installments on the first, second and third anniversaries of the date of grant. |
8. These securities vested on August 14, 2015. |
/s/ David E. Howard, Assistant Corporate Secretary, pursuant to a power of attorney filed with the Commission | 08/17/2015 | |
** 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 4 (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. |