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.