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Coach director was just granted 16,387 options and restricted shares

Jide James Zeitlin, a director of Coach, just received 16,387 options and restricted shares from the company. The strike price of the options received was $0.00, and these expire on November 04, 2025. The restricted shares don't become available to Zeitlin until such time as they become vested. Zeitlin now has at least 11,734 options, and at least 40,764 restricted shares.

Some additional info was provided as follows:

These securities were acquired through a vesting of Restricted Stock Units granted by the Issuer to the Reporting Person, who elected to received deferred stock units under the Issuer's Amended and Restated...