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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Option (right to buy) | $ 56.8 | 02/10/2006 | A | 11,500 | (1) | 02/09/2016 | Common Stock | 11,500 | $ 0 | 11,500 | D | ||||
Phantom Stock (2) | (3) | 02/10/2006 | A | 520.46 (2) | (4) | (4) | Common Stock | 520.46 | (5) | 3,384.9258 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Batten Bradley W 105 CORPORATE CENTER BOULEVARD GREENSBORO, NC 27408 |
Vice President and Controller |
By: Mark R. Townsend for Bradley W. Batten For: (Pursuant to Signing Authority on File) | 02/13/2006 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | This option vests as follows: 3,834 shares vest on 2/10/2007; 3,833 shares vest on 2/10/2008; and 3,833 shares vest on 2/10/2009 |
(2) | Represents units of ownership as a participant in the VF Common Stock Fund of the Executive Deferred Savings Plans to be settled 100% in cash upon reporting person's retirement or on specified dates thereafter. Account statements report fund transactions and balances as cash amounts, so the number of phantom stock units reported as acquired is based on the 2/10/2006 account value divided by the 2/10/2006 market price. |
(3) | Column 2 should have an entry which reads "1 for 1". |
(4) | There is no date that should appear in these columns. These columns are not applicable to this particular filing. |
(5) | Represents units of ownership as a participant in the VF Common Stock Fund of the Executive Deferred Savings Plans to be settled 100% in cash upon reporting person's retirement or on specified dates thereafter. Account statements report fund transactions and balances as cash amounts, so the number of phantom stock units reported as beneficially owned is based on the 2/10/2006 account value divided by the 2/10/2006 market price. Each PSU was acquired at the election of the Officer by deferring $57.11 (estimated) of fees per PSU. |