Thomas Edwards Jr. - 15 Jun 2021 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
EVP, CFO & COO
Signature
/s/ Krista A. McDonough, as attorney-in-fact for Thomas J. Edwards, Jr.
Issuer symbol
CPRI
Transactions as of
15 Jun 2021
Net transactions value
-$1,252,701
Form type
4
Filing time
17 Jun 2021, 18:49:29 UTC
Next filing
21 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRI Ordinary shares, no par value Options Exercise $0 +4,073 +6% $0.000000 71,602 15 Jun 2021 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $114,266 -2,084 -2.9% $54.83 69,518 15 Jun 2021 Direct F2
transaction CPRI Ordinary shares, no par value Options Exercise $0 +29,395 +42% $0.000000 98,913 15 Jun 2021 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $824,424 -15,036 -15% $54.83 83,877 15 Jun 2021 Direct F2
transaction CPRI Ordinary shares, no par value Award $0 +11,196 +13% $0.000000 95,073 15 Jun 2021 Direct F3
transaction CPRI Ordinary shares, no par value Tax liability $314,011 -5,727 -6% $54.83 89,346 15 Jun 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPRI Restricted share units Options Exercise $0 -4,073 -50% $0.000000 4,072 15 Jun 2021 Ordinary shares, no par value 4,073 $0.000000 Direct F4, F5, F6
transaction CPRI Restricted share units Options Exercise $0 -29,395 -33% $0.000000 58,788 15 Jun 2021 Ordinary shares, no par value 29,395 $0.000000 Direct F5, F6, F7
transaction CPRI Restricted share units Award $0 +54,715 $0.000000 54,715 15 Jun 2021 Ordinary shares, no par value 54,715 $0.000000 Direct F5, F6, F8
holding CPRI Restricted share units 16,612 15 Jun 2021 Ordinary shares, no par value 16,612 $0.000000 Direct F5, F6, F9
holding CPRI Employee share option (right to buy) 12,250 15 Jun 2021 Ordinary shares, no par value 12,250 $67.52 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Respresents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
F2 Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
F3 Represents shares acquired upon vesting of performance-based restricted share units.
F4 Granted on June 15, 2018 pursuant to the Capri Holdings Limited Second Amended and Restated Incentive Plan (the "Incentive Plan"). These securities vest 25% each year on June 15, 2019, 2020, 2021 and 2022, respectively, subject to grantee's continued employment with the Company through the vesting date.
F5 The RSUs do not expire.
F6 Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
F7 Granted on June 15, 2020 pursuant to the Incentive Plan. These securities vest 1/3 each year on June 15, 2021, 2022 and 2023, respectively, subject to grantee's continued employment with the Company through the vesting date.
F8 Granted on June 15, 2021 pursuant to the Incentive Plan. These securities vest 1/3 each year on June 15, 2022, 2023, and 2024, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
F9 Granted on June 17, 2019 pursuant to the Incentive Plan. These securities vest 25% each year on June 17, 2020, 2021, 2022 and 2023, respectively, subject to grantee's continued employment with the Company through the vesting date.