Joshua Schulman - Sep 1, 2021 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
CEO - Michael Kors
Signature
/s/ Krista A. McDonough, as attorney-in-fact for Joshua Schulman
Stock symbol
CPRI
Transactions as of
Sep 1, 2021
Transactions value $
$0
Form type
4
Date filed
9/3/2021, 10:40 AM
Previous filing
Aug 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPRI Ordinary shares, no par value 0 Sep 1, 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 Restricted share units Award $0 +262K +874890% $0.00 262K Sep 1, 2021 Ordinary shares, no par value 262K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted on September 1, 2021 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 20% each year on September 1, 2022, 2023, 2024, 2025 and 2026, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
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.