Daniel Purefoy - Mar 1, 2022 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Signature
/s/ Krista A. McDonough, as Attorney-in-Fact for Daniel Purefoy
Stock symbol
CPRI
Transactions as of
Mar 1, 2022
Transactions value $
-$25,192
Form type
4
Date filed
3/2/2022, 12:35 PM
Previous filing
Dec 8, 2021
Next filing
Mar 11, 2022

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 +1.07K +7.02% $0.00 16.3K Mar 1, 2022 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability -$25.2K -379 -2.33% $66.47 15.9K Mar 1, 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
transaction CPRI Restricted share units Options Exercise $0 -1.07K -50% $0.00 1.07K Mar 1, 2022 Ordinary shares, no par value 1.07K $0.00 Direct F3, F4, F5
holding CPRI Restricted share units 2.95K Mar 1, 2022 Ordinary shares, no par value 2.95K $0.00 Direct F4, F5, F6
holding CPRI Restricted share units 462 Mar 1, 2022 Ordinary shares, no par value 462 $0.00 Direct F4, F5
holding CPRI Restricted share units 84.2K Mar 1, 2022 Ordinary shares, no par value 84.2K $0.00 Direct F4, F5, F7
holding CPRI Restricted share units 10.9K Mar 1, 2022 Ordinary shares, no par value 10.9K $0.00 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 March 1, 2019 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 25% each year on March 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 Capri Holdings Limited Second Amended and Restated Omnibus 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 unless the grantee is retirement eligible.
F7 Granted on April 1, 2020 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 25% each year on April 1, 2021, 2022, 2023, and 2024, 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 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.