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

Role: SVP, Global Ops & Head of D&I
Signature: /s/ Krista A. McDonough, as Attorney-in-Fact for Daniel Purefoy
Stock symbol: CPRI
Transactions as of: Apr 1, 2022
Transactions value $: -$518,160
Form type: 4
Date filed: 4/5/2022, 12:18 PM
Previous filing: Mar 11, 2022
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	Options Exercise	$0	+28.1K	+200.96%	$0.00	42K	Apr 1, 2022	Direct	F1
transaction	CPRI	Ordinary shares, no par value	Tax liability	-$518K	-10.2K	-24.18%	$50.99	31.9K	Apr 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	-28.1K	-33.33%	$0.00	56.1K	Apr 1, 2022	Ordinary shares, no par value	28.1K	$0.00	Direct	F3, F4, F5
holding	CPRI	Restricted share units						1.07K	Apr 1, 2022	Ordinary shares, no par value	1.07K	$0.00	Direct	F4, F5, F6
holding	CPRI	Restricted share units						2.95K	Apr 1, 2022	Ordinary shares, no par value	2.95K	$0.00	Direct	F4, F5, F7
holding	CPRI	Restricted share units						462	Apr 1, 2022	Ordinary shares, no par value	462	$0.00	Direct	F4, F5
holding	CPRI	Restricted share units						10.9K	Apr 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	Represents 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 April 1, 2020 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 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.
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 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.
F7	Granted on June 17, 2019 pursuant to 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.
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.