Jenna Hendricks - Jun 17, 2022 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
SVP, Chief People Officer
Signature
/s/ Krista A. McDonough, as Attorney-In-Fact for Jenna Hendricks
Stock symbol
CPRI
Transactions as of
Jun 17, 2022
Transactions value $
-$45,945
Form type
4
Date filed
6/22/2022, 12:23 PM
Previous filing
Jun 17, 2022
Next filing
Aug 2, 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 +1.85K +6.31% $0.00 31.1K Jun 17, 2022 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability -$45.9K -1.02K -3.28% $45.00 30.1K Jun 17, 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 -1.85K -50.01% $0.00 1.85K Jun 17, 2022 Ordinary shares, no par value 1.85K $0.00 Direct F3, F4, F5
holding CPRI Restricted share units 5.88K Jun 17, 2022 Ordinary shares, no par value 5.88K $0.00 Direct F4, F5, F6
holding CPRI Restricted share units 18.2K Jun 17, 2022 Ordinary shares, no par value 18.2K $0.00 Direct F4, F5, F7
holding CPRI Restricted share units 15.8K Jun 17, 2022 Ordinary shares, no par value 15.8K $0.00 Direct F4, F5, F8
holding CPRI Restricted share units 1.47K Jun 17, 2022 Ordinary shares, no par value 1.47K $0.00 Direct F4, F5, F9
* 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 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 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.
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 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 dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
F7 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 dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
F8 Granted on June 15, 2022 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 1/3 each year on June 15, 2023, 2024 and 2025, 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.
F9 Granted on August 1, 2019 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 25% each year on August 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.