Krista A. McDonough - 17 Jun 2022 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
SVP, GC & Chf Sustain Off
Signature
/s/ Krista A. McDonough
Issuer symbol
CPRI
Transactions as of
17 Jun 2022
Net transactions value
-$540,495
Form type
4
Filing time
22 Jun 2022, 12:26:25 UTC
Previous filing
17 Jun 2022
Next filing
20 Jun 2023
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 +3,692 +11% $0.000000 37,319 17 Jun 2022 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $85,005 -1,889 -5.1% $45.00 35,430 17 Jun 2022 Direct F2
transaction CPRI Ordinary shares, no par value Award $0 +19,788 +56% $0.000000 55,218 17 Jun 2022 Direct F3
transaction CPRI Ordinary shares, no par value Tax liability $455,490 -10,122 -18% $45.00 45,096 17 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 -3,692 -50% $0.000000 3,691 17 Jun 2022 Ordinary shares, no par value 3,692 $0.000000 Direct F4, F5, F6
holding CPRI Restricted share units 19,596 17 Jun 2022 Ordinary shares, no par value 19,596 $0.000000 Direct F5, F6, F7
holding CPRI Restricted share units 18,238 17 Jun 2022 Ordinary shares, no par value 18,238 $0.000000 Direct F5, F6, F8
holding CPRI Restricted share units 15,819 17 Jun 2022 Ordinary shares, no par value 15,819 $0.000000 Direct F5, F6, F9
holding CPRI Employee share option (right to buy) 6,885 17 Jun 2022 Ordinary shares, no par value 6,885 $34.68 Direct F10
holding CPRI Employee share option (right to buy) 4,900 17 Jun 2022 Ordinary shares, no par value 4,900 $67.52 Direct F10
* 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 Represents shares acquired upon vesting of performance-based restricted share units.
F4 Granted on June 17, 2019 pursuant to the Capri Holdings Limited Second Amended and Restsated 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.
F5 The RSUs do not expire.
F6 Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
F7 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.
F8 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.
F9 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.
F10 Immediately exerciseable.