John D. Idol - Jun 3, 2022 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: Jun 3, 2022
Transactions value $: -$188,743
Form type: 4
Date filed: 6/3/2022, 05:17 PM
Previous filing: Feb 15, 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	$179K	+3.8K	+0.41%	$47.10	937K	Jun 3, 2022	Direct	F1, F2
transaction	CPRI	Ordinary shares, no par value	Sale	-$189K	-3.8K	-0.41%	$49.63	933K	Jun 3, 2022	Direct	F1, F2, F3
holding	CPRI	Ordinary shares, no par value						1.46M	Jun 3, 2022	Held by John D. Idol 2020 GRAT
holding	CPRI	Ordinary shares, no par value						150K	Jun 3, 2022	Held by John D. Idol 2013 GRAT #1
holding	CPRI	Ordinary shares, no par value						150K	Jun 3, 2022	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
transaction	CPRI	Employee share option (right to buy)	Options Exercise	-$179K	-3.8K	-100%	$47.10	0	Jun 3, 2022	Ordinary shares, no par value	3.8K	$47.10	Direct	F4
holding	CPRI	Restricted share units						55.4K	Jun 3, 2022	Ordinary shares, no par value	55.4K	$0.00	Direct	F5, F6, F7
holding	CPRI	Restricted share units						11.1K	Jun 3, 2022	Ordinary shares, no par value	11.1K	$0.00	Direct	F6, F7
holding	CPRI	Restricted share units						235K	Jun 3, 2022	Ordinary shares, no par value	235K	$0.00	Direct	F6, F7, F8
holding	CPRI	Restricted share units						155K	Jun 3, 2022	Ordinary shares, no par value	155K	$0.00	Direct	F6, F7, F9
holding	CPRI	Employee share option (right to buy)						61.2K	Jun 3, 2022	Ordinary shares, no par value	61.2K	$67.52	Direct
holding	CPRI	Employee share option (right to buy)						14.5K	Jun 3, 2022	Ordinary shares, no par value	14.5K	$49.88	Direct	F4

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

Explanation of Responses:

Id	Content
F1	Reflects the exercise and subsequent sale of options expiring on June 15, 2022.
F2	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.
F3	The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $49.55 to $49.68. 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.
F4	Immediately exercisable.
F5	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.
F6	The RSUs do not expire.
F7	Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
F8	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.
F9	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.