Daniel Purefoy - 15 Jun 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
Issuer symbol
CPRI
Transactions as of
15 Jun 2022
Net transactions value
-$87,946
Form type
4
Filing time
17 Jun 2022, 11:02:18 UTC
Previous filing
05 Apr 2022
Next filing
22 Jun 2022
SEC
View on sec.gov

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 +462 +1.5% $0.000000 32,320 15 Jun 2022 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $9,909 -209 -0.65% $47.41 32,111 15 Jun 2022 Direct F2
transaction CPRI Ordinary shares, no par value Options Exercise $0 +3,648 +11% $0.000000 35,759 15 Jun 2022 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $78,037 -1,646 -4.6% $47.41 34,113 15 Jun 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 -462 -100% $0.000000* 0 15 Jun 2022 Ordinary shares, no par value 462 $0.000000 Direct F3, F4
transaction CPRI Restricted share units Options Exercise $0 -3,648 -33% $0.000000 7,295 15 Jun 2022 Ordinary shares, no par value 3,648 $0.000000 Direct F3, F4, F5
holding CPRI Restricted share units 56,116 15 Jun 2022 Ordinary shares, no par value 56,166 $0.000000 Direct F3, F4, F6
holding CPRI Restricted share units 1,068 15 Jun 2022 Ordinary shares, no par value 1,068 $0.000000 Direct F3, F4, F7
holding CPRI Restricted share units 2,953 15 Jun 2022 Ordinary shares, no par value 2,953 $0.000000 Direct F3, F4, 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 The RSUs do not expire.
F4 Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
F5 Granted on June 15, 2021 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 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 dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
F6 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 dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
F7 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 dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
F8 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 dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.