Krista A. McDonough - 17 Jun 2021 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
SVP, GC & Chf Sustain Off
Signature
/s/ Krista A. McDonough
Issuer symbol
CPRI
Transactions as of
17 Jun 2021
Net transactions value
-$101,232
Form type
4
Filing time
21 Jun 2021, 16:30:02 UTC
Previous filing
17 Jun 2021
Next filing
27 Aug 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 +3,692 +11% $0.000000 36,357 17 Jun 2021 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $101,232 -1,889 -5.2% $53.59 34,468 17 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 -3,692 -33% $0.000000 7,383 17 Jun 2021 Ordinary shares, no par value 3,692 $0.000000 Direct F3, F4, F5
holding CPRI Restricted share units 2,740 17 Jun 2021 Ordinary shares, no par value 2,740 $0.000000 Direct F4, F5
holding CPRI Restricted share units 39,192 17 Jun 2021 Ordinary shares, no par value 39,192 $0.000000 Direct F4, F5, F6
holding CPRI Restricted share units 27,357 17 Jun 2021 Ordinary shares, no par value 27,357 $0.000000 Direct F4, F5, F7
holding CPRI Employee share option (right to buy) 6,885 17 Jun 2021 Ordinary shares, no par value 6,885 $34.68 Direct F8
holding CPRI Employee share option (right to buy) 4,900 17 Jun 2021 Ordinary shares, no par value 4,900 $67.52 Direct
* 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 Granted on June 17, 2019 pursuant to the Capri Holdings Limited Second Amended and Restsated Incentive Plan (the "Incentive Plan"). The securities underlying the total number of RSUs originally granted will 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 unless the grantee is retirement eligible.
F4 The RSUs do not expire.
F5 Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
F6 Granted on June 15, 2020 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will 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 unless the grantee is retirement eligible.
F7 Granted on June 15, 2021 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will 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.
F8 Immediately exerciseable.