Thomas J. Edwards - Feb 23, 2022 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
EVP, CFO & COO
Signature
/s/ Krista A. McDonough, as attorney-in-fact for Thomas J. Edwards, Jr.
Stock symbol
CPRI
Transactions as of
Feb 23, 2022
Transactions value $
-$809,028
Form type
4
Date filed
2/25/2022, 12:53 PM
Previous filing
Jun 21, 2021
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRI Ordinary shares, no par value Sale -$718K -10.7K -11.67% $66.83 81.3K Feb 23, 2022 Direct F1
transaction CPRI Ordinary shares, no par value Sale -$91.3K -1.35K -1.66% $67.56 80K Feb 23, 2022 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
holding CPRI Restricted share units 11.1K Feb 23, 2022 Ordinary shares, no par value 11.1K $0.00 Direct F3, F4, F5
holding CPRI Restricted share units 4.07K Feb 23, 2022 Ordinary shares, no par value 4.07K $0.00 Direct F4, F5
holding CPRI Restricted share units 58.8K Feb 23, 2022 Ordinary shares, no par value 58.8K $0.00 Direct F4, F5, F6
holding CPRI Restricted share units 54.7K Feb 23, 2022 Ordinary shares, no par value 54.7K $0.00 Direct F4, F5, F7
holding CPRI Employee share option (right to buy) 12.3K Feb 23, 2022 Ordinary shares, no par value 12.3K $67.52 Direct
* 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 $66.40 to $67.38. 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 The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $67.41 to $67.66. 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 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.
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 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.
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.