Jenna Hendricks - 01 Aug 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
Issuer symbol: CPRI
Transactions as of: 01 Aug 2021
Net transactions value: -$23,558
Form type: 4
Filing time: 03 Aug 2021, 17:12:10 UTC
Previous filing: 08 Jul 2021
Next filing: 17 Jun 2022
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	+736	+3.5%	$0.000000	21,588	01 Aug 2021	Direct	F1
transaction	CPRI	Ordinary shares, no par value	Tax liability	$23,558	-412	-1.9%	$57.18	21,176	01 Aug 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	-736	-33%	$0.000000	1,472	01 Aug 2021	Ordinary shares, no par value	736	$0.000000	Direct	F3, F4, F5
holding	CPRI	Restricted share units						1,110	01 Aug 2021	Ordinary shares, no par value	1,110	$0.000000	Direct	F4, F5
holding	CPRI	Restricted share units						3,691	01 Aug 2021	Ordinary shares, no par value	3,691	$0.000000	Direct	F4, F5, F6
holding	CPRI	Restricted share units						11,758	01 Aug 2021	Ordinary shares, no par value	11,758	$0.000000	Direct	F4, F5, F7
holding	CPRI	Restricted share units						27,357	01 Aug 2021	Ordinary shares, no par value	27,357	$0.000000	Direct	F4, F5, F8

* 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 August 1, 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 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.
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 17, 2019 pursuant to 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.
F7	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.
F8	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.