John D. Idol - Nov 5, 2021 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role: Chairman & CEO, Director
Signature: /s/ Krista A. McDonough, as Attorney-in-Fact for John D. Idol
Stock symbol: CPRI
Transactions as of: Nov 5, 2021
Transactions value $: -$37,576,310
Form type: 4
Date filed: 11/9/2021, 07:13 PM
Previous filing: Jun 21, 2021
Next filing: Dec 8, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPRI	Ordinary shares, no par value	Sale	-$16.5M	-252K	-26.22%	$65.43	710K	Nov 5, 2021	Direct	F1, F2, F3
transaction	CPRI	Ordinary shares, no par value	Sale	-$4.96M	-74.5K	-10.49%	$66.58	636K	Nov 5, 2021	Direct	F1, F3, F4
transaction	CPRI	Ordinary shares, no par value	Sale	-$2.81M	-41.8K	-6.57%	$67.30	594K	Nov 5, 2021	Direct	F1, F3, F5
transaction	CPRI	Ordinary shares, no par value	Sale	-$1.66M	-25.3K	-4.26%	$65.74	569K	Nov 8, 2021	Direct	F1, F3, F6
transaction	CPRI	Ordinary shares, no par value	Sale	-$11.5M	-177K	-31.1%	$65.03	392K	Nov 8, 2021	Direct	F1, F3, F7
transaction	CPRI	Ordinary shares, no par value	Sale	-$124K	-1.9K	-0.48%	$65.27	390K	Nov 9, 2021	Direct	F1, F3, F8
holding	CPRI	Ordinary shares, no par value						2M	Nov 5, 2021	Held by John D. Idol 2020 GRAT
holding	CPRI	Ordinary shares, no par value						150K	Nov 5, 2021	Held by John D. Idol 2013 GRAT #1
holding	CPRI	Ordinary shares, no par value						150K	Nov 5, 2021	Held by John D. Idol 2013 GRAT #2

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						55.4K	Nov 5, 2021	Ordinary shares, no par value	55.4K	$0.00	Direct	F9, F10, F11
holding	CPRI	Restricted share units						11.1K	Nov 5, 2021	Ordinary shares, no par value	11.1K	$0.00	Direct	F10, F11
holding	CPRI	Restricted share units						235K	Nov 5, 2021	Ordinary shares, no par value	235K	$0.00	Direct	F10, F11, F12
holding	CPRI	Restricted share units						155K	Nov 5, 2021	Ordinary shares, no par value	155K	$0.00	Direct	F10, F11, F13
holding	CPRI	Employee share option (right to buy)						61.2K	Nov 5, 2021	Ordinary shares, no par value	61.2K	$67.52	Direct
holding	CPRI	Employee share option (right to buy)						14.5K	Nov 5, 2021	Ordinary shares, no par value	14.5K	$49.88	Direct	F14
holding	CPRI	Employee share option (right to buy)						108K	Nov 5, 2021	Ordinary shares, no par value	108K	$47.10	Direct	F14

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

Explanation of Responses:

Id	Content
F1	These sales were made as part of a long-term strategy for tax and estate planning.
F2	The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $64.90 to $65.89. 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.
F3	This amount excludes 54,600 ordinary shares, no par value, held by the Idol Family Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Idol Family Foundation but does not have a pecuinary interest in such shares.
F4	The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $65.90 to $66.895. 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.
F5	The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $66.90 to $67.88. 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.
F6	The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $65.48 to $66.47. 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.
F7	The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $64.70 to $65.47. 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.
F8	The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $65.04 to $65.59. 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.
F9	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 15, 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.
F10	The RSUs do not expire.
F11	Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
F12	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.
F13	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.
F14	Immediately exercisable.