Definitive proxy statements

Award Timing Disclosure

v3.24.1.1.u2
Award Timing Disclosure
 12 Months Ended
Mar. 30, 2024
Nov. 02, 2023
USD ($)
$ / shares
Aug. 04, 2023
USD ($)
$ / shares
May 26, 2023
USD ($)
$ / shares
Award Timing Disclosures [Line Items]        
Award Timing MNPI Disclosure
2024 Grants of Certain Equity Awards Close in Time to the Release of
Material Nonpublic Information
The Compensation Committee’s general policy under the Stock Plan is to fix the date of grant of options
as
the third business day
after
VF announces its earnings for the previously completed fiscal year or quarter depending upon whether the award is an annual award or a
mid-year
award. In fiscal 2024, there were two occasions when the grant date of options occurred one business day after the filing of a periodic report, and one occasion when
the
grant date of options occurred one business day prior to the filing of a periodic report. The following table presents information regarding options issued to our executive officers in fiscal 2024 during any period beginning four business days before the filing of a periodic report or current report disclosing material
non-public
information (“MNPI”) and ending one
business
day after the filing or furnishing of such report with the SEC.
 
NAME
   
GRANT DATE
   
NUMBER OF
SECURITIES
UNDERLYING
THE AWARD (#)
   
EXERCISE
PRICE OF
THE AWARD ($)
   
GRANT DATE
FAIR VALUE OF
THE AWARD ($)
   
PERCENTAGE CHANGE IN THE
CLOSING MARKET PRICE
OF THE SECURITIES
UNDERLYING THE AWARD
BETWEEN THE TRADING DAY
ENDING IMMEDIATELY PRIOR
TO THE DISCLOSURE OF MNPI
AND THE TRADING DAY
BEGINNING IMMEDIATELY
FOLLOWING THE DISCLOSURE
OF MNPI
Bracken Darrell
        8/4/2023        786,622      $ 19.42      $ 4,515,210        1.84 %
    
 
 
 
8/4/2023
 
     
 
 
 
262,208
 
     
 
 
 
19.42
 
     
 
 
 
1,505,074
 
     
 
 
 
1.84
 
 
Matthew Puckett
     
 
 
 
5/26/2023
 
     
 
 
 
192,286
 
     
 
 
 
17.95
 
     
 
 
 
1,099,876
 
     
 
 
 
(1.63
 
)
 
Martino Scabbia Guerrini
     
 
 
 
5/26/2023
 
     
 
 
 
235,987
 
     
 
 
 
17.95
 
     
 
 
 
1,349,846
 
     
 
 
 
(1.63
 
)
 
Nicole Otto
     
 
 
 
5/26/2023
 
     
 
 
 
174,805
 
     
 
 
 
17.95
 
     
 
 
 
999,885
 
     
 
 
 
(1.63
 
)
 
Brent Hyder
     
 
 
 
11/2/2023
 
     
 
 
 
99,639
 
     
 
 
 
14.01
 
     
 
 
 
570,931
 
     
 
 
 
7.70
 
 
Kevin Bailey
     
 
 
 
5/26/2023
 
     
 
 
 
235,987
 
     
 
 
 
17.95
 
     
 
 
 
1,349,846
 
     
 
 
 
(1.63
 
)
 
Benno Dorer
     
 
 
 
8/4/2023
 
     
 
 
 
11,124
 
     
 
 
 
19.42
 
     
 
 
 
63,852
 
     
 
 
 
1.84
 
     
Awards Close in Time to MNPI Disclosures, Table
NAME
   
GRANT DATE
   
NUMBER OF
SECURITIES
UNDERLYING
THE AWARD (#)
   
EXERCISE
PRICE OF
THE AWARD ($)
   
GRANT DATE
FAIR VALUE OF
THE AWARD ($)
   
PERCENTAGE CHANGE IN THE
CLOSING MARKET PRICE
OF THE SECURITIES
UNDERLYING THE AWARD
BETWEEN THE TRADING DAY
ENDING IMMEDIATELY PRIOR
TO THE DISCLOSURE OF MNPI
AND THE TRADING DAY
BEGINNING IMMEDIATELY
FOLLOWING THE DISCLOSURE
OF MNPI
Bracken Darrell
        8/4/2023        786,622      $ 19.42      $ 4,515,210        1.84 %
    
 
 
 
8/4/2023
 
     
 
 
 
262,208
 
     
 
 
 
19.42
 
     
 
 
 
1,505,074
 
     
 
 
 
1.84
 
 
Matthew Puckett
     
 
 
 
5/26/2023
 
     
 
 
 
192,286
 
     
 
 
 
17.95
 
     
 
 
 
1,099,876
 
     
 
 
 
(1.63
 
)
 
Martino Scabbia Guerrini
     
 
 
 
5/26/2023
 
     
 
 
 
235,987
 
     
 
 
 
17.95
 
     
 
 
 
1,349,846
 
     
 
 
 
(1.63
 
)
 
Nicole Otto
     
 
 
 
5/26/2023
 
     
 
 
 
174,805
 
     
 
 
 
17.95
 
     
 
 
 
999,885
 
     
 
 
 
(1.63
 
)
 
Brent Hyder
     
 
 
 
11/2/2023
 
     
 
 
 
99,639
 
     
 
 
 
14.01
 
     
 
 
 
570,931
 
     
 
 
 
7.70
 
 
Kevin Bailey
     
 
 
 
5/26/2023
 
     
 
 
 
235,987
 
     
 
 
 
17.95
 
     
 
 
 
1,349,846
 
     
 
 
 
(1.63
 
)
 
Benno Dorer
     
 
 
 
8/4/2023
 
     
 
 
 
11,124
 
     
 
 
 
19.42
 
     
 
 
 
63,852
 
     
 
 
 
1.84
 
     
Bracken Darrell [Member]        
Awards Close in Time to MNPI Disclosures        
Name     Bracken Darrell  
Underlying Securities     786,622  
Exercise Price | $ / shares     $ 19.42  
Fair Value as of Grant Date     $ 4,515,210  
Underlying Security Market Price Change     1.84  
Bracken Darrell 1 [Member]        
Awards Close in Time to MNPI Disclosures        
Underlying Securities     262,208  
Exercise Price | $ / shares     $ 19.42  
Fair Value as of Grant Date     $ 1,505,074  
Underlying Security Market Price Change     1.84  
Matthew Puckett [Member]        
Awards Close in Time to MNPI Disclosures        
Name       Matthew Puckett
Underlying Securities       192,286
Exercise Price | $ / shares       $ 17.95
Fair Value as of Grant Date       $ 1,099,876
Underlying Security Market Price Change       (1.63)
Martino Scabbia Guerrini [Member]        
Awards Close in Time to MNPI Disclosures        
Name       Martino Scabbia Guerrini
Underlying Securities       235,987
Exercise Price | $ / shares       $ 17.95
Fair Value as of Grant Date       $ 1,349,846
Underlying Security Market Price Change       (1.63)
Nicole Otto [Member]        
Awards Close in Time to MNPI Disclosures        
Name       Nicole Otto
Underlying Securities       174,805
Exercise Price | $ / shares       $ 17.95
Fair Value as of Grant Date       $ 999,885
Underlying Security Market Price Change       (1.63)
Brent Hyder [Member]        
Awards Close in Time to MNPI Disclosures        
Name   Brent Hyder    
Underlying Securities   99,639    
Exercise Price | $ / shares   $ 14.01    
Fair Value as of Grant Date   $ 570,931    
Underlying Security Market Price Change   7.7    
Kevin Bailey [Member]        
Awards Close in Time to MNPI Disclosures        
Name       Kevin Bailey
Underlying Securities       235,987
Exercise Price | $ / shares       $ 17.95
Fair Value as of Grant Date       $ 1,349,846
Underlying Security Market Price Change       (1.63)
Benno Dorer [Member]        
Awards Close in Time to MNPI Disclosures        
Name     Benno Dorer  
Underlying Securities     11,124  
Exercise Price | $ / shares     $ 19.42  
Fair Value as of Grant Date     $ 63,852  
Underlying Security Market Price Change     1.84