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The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"1 for 1"},{"field":"shares","element":"transactionShares","label":"F1","text":"Represents phantom stock units (\"PSUs\") accrued under the VF Corporation Directors Deferred Savings Plan (\"Plan\"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (average of the high and low selling prices) per share on the date of deferral. 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