Mahesh Madhavan - 03 Apr 2023 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
Director
Signature
/s/ Krista A. McDonough, as Attorney-in-Fact for Mahesh Madhavan
Issuer symbol
CPRI
Transactions as of
03 Apr 2023
Net transactions value
$0
Form type
4
Filing time
04 Apr 2023, 17:55:58 UTC
Previous filing
30 Mar 2023
Next filing
03 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CPRI Ordinary shares, no par value 0 03 Apr 2023 Direct

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 Award $0 +1,063 $0.000000 1,063 03 Apr 2023 Ordinary shares, no par value 1,063 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the Capri Holdings Limited Third Amended and Restated Omnibus Incentive Plan. The RSUs vest on the Company's annual shareholder meeting that occurs in 2023, and will be settled upon vesting unless the reporting person elects to defer settlement to a later date. If the reporting person's service with the Company terminates prior to the first anniversary of the date of grant, the RSUs will vest pro-rata based on the number of days from the date of grant through and including the date of the reporting person's termination of service. The RSUs will also vest in full in the event of the reporting person's death or disability.
F2 The RSUs do not expire.
F3 Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.