Daniel Purefoy - Jun 15, 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
Jun 15, 2022
Transactions value $
-$87,946
Form type
4
Date filed
6/17/2022, 11:02 AM
Previous filing
Apr 5, 2022
Next filing
Jun 22, 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 +462 +1.45% $0.00 32.3K Jun 15, 2022 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability -$9.91K -209 -0.65% $47.41 32.1K Jun 15, 2022 Direct F2
transaction CPRI Ordinary shares, no par value Options Exercise $0 +3.65K +11.36% $0.00 35.8K Jun 15, 2022 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability -$78K -1.65K -4.6% $47.41 34.1K Jun 15, 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% $0.00* 0 Jun 15, 2022 Ordinary shares, no par value 462 $0.00 Direct F3, F4
transaction CPRI Restricted share units Options Exercise $0 -3.65K -33.34% $0.00 7.3K Jun 15, 2022 Ordinary shares, no par value 3.65K $0.00 Direct F3, F4, F5
holding CPRI Restricted share units 56.1K Jun 15, 2022 Ordinary shares, no par value 56.2K $0.00 Direct F3, F4, F6
holding CPRI Restricted share units 1.07K Jun 15, 2022 Ordinary shares, no par value 1.07K $0.00 Direct F3, F4, F7
holding CPRI Restricted share units 2.95K Jun 15, 2022 Ordinary shares, no par value 2.95K $0.00 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.