Cedric Wilmotte - 15 Jun 2023 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
CEO - Michael Kors
Signature
/s/ Krista A. McDonough, as Attorney-In-Fact for Cedric Wilmotte
Issuer symbol
CPRI
Transactions as of
15 Jun 2023
Net transactions value
$0
Form type
4
Filing time
20 Jun 2023, 14:18:34 UTC
Previous filing
04 Apr 2023
Next filing
20 Jun 2024
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 19,060 15 Jun 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 +95,057 $0.000000 95,057 15 Jun 2023 Ordinary shares, no par value 95,057 $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 on June 15, 2023 pursuant to the Capri Holdings Limited Third Amended and Restated Incentive Plan (the "Incentive Plan"). The securities underlying the total number of RSUs originally granted vest 1/3 each year on June 15, 2024, 2025, and 2026, 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.
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.