Stephen F. Reitman - Aug 31, 2021 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
Director
Signature
/s/ Krista A. McDonough, as Attorney-in-Fact for Stephen F. Reitman
Stock symbol
CPRI
Transactions as of
Aug 31, 2021
Transactions value $
-$562,300
Form type
4
Date filed
9/1/2021, 02:59 PM
Previous filing
Jul 29, 2021
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRI Ordinary shares, no par value Sale -$562K -10K -48.52% $56.23 10.6K Aug 31, 2021 Direct F1

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
holding CPRI Restricted share units 3.04K Aug 31, 2021 Ordinary shares, no par value 3.04K $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $56.03 to $56.44. Upon request of the staff of the SEC, the Company or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold at each separate price.
F2 Granted pursuant to the Capri Holdings Limited Second Amended and Restated Omnibus Incentive Plan. The RSUs vest on the earliest of: (1) the one year anniversary of the date of grant (July 28, 2022), or (2) the Company's annual shareholder meeting that occurs in the calendar year following the date of grant, and will be settled upon vesting unless the reporting person elects to defer settlement to a later date. If the reporting person's service with the Company terminates prior to the first anniversary of the date of grant, the RSUs will vest pro-rata based on the number of days from the date of grant through and including the date of the reporting person's termination of service. The RSUs will also vest in full in the event of the reporting person's death or disability.
F3 The RSUs do not expire.
F4 Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.