Jenna Hendricks - Jul 7, 2021 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role: SVP, Chief People Officer
Signature: /s/ Krista A. McDonough, as Attorney-In-Fact for Jenna Hendricks
Stock symbol: CPRI
Transactions as of: Jul 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/8/2021, 08:59 PM
Previous filing: Jun 21, 2021
Next filing: Aug 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPRI	Ordinary shares, no par value	Options Exercise	$33.5K	+2.76K	+15.27%	$12.12^*	20.9K	Jul 7, 2021	Direct

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	Employee Share Option (right to buy)	Options Exercise	-$33.5K	-2.76K	-100%	$12.12^*	0	Jul 7, 2021	Ordinary shares, no par value	2.76K	$12.12	Direct	F1
holding	CPRI	Restricted share units						1.11K	Jul 7, 2021	Ordinary shares, no par value	1.11K	$0.00	Direct	F2, F3
holding	CPRI	Restricted share units						3.69K	Jul 7, 2021	Ordinary shares, no par value	3.69K	$0.00	Direct	F2, F3, F4
holding	CPRI	Restricted share units						2.21K	Jul 7, 2021	Ordinary shares, no par value	2.21K	$0.00	Direct	F2, F3, F5
holding	CPRI	Restricted share units						11.8K	Jul 7, 2021	Ordinary shares, no par value	11.8K	$0.00	Direct	F2, F3, F6
holding	CPRI	Restricted share units						27.4K	Jul 7, 2021	Ordinary shares, no par value	27.4K	$0.00	Direct	F2, F3, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Immediately exercisable.
F2	The RSUs do not expire.
F3	Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
F4	Granted on June 17, 2019 pursuant to the Capri Holdings Limited Second Amended and Restated 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.
F5	Granted on August 1, 2019 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 25% each year on August 1, 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.
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.