Thomas J. Edwards - Jun 20, 2023 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role: EVP, CFO & COO
Signature: /s/ Krista A. McDonough, as attorney-in-fact for Thomas J. Edwards, Jr.
Stock symbol: CPRI
Transactions as of: Jun 20, 2023
Transactions value $: -$103,065
Form type: 4
Date filed: 6/22/2023, 03:29 PM
Previous filing: Jun 20, 2023
Next filing: Jun 20, 2024

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	+5.54K	+3.56%	$0.00	161K	Jun 20, 2023	Direct	F1
transaction	CPRI	Ordinary shares, no par value	Tax liability	-$103K	-2.83K	-1.76%	$36.38	158K	Jun 20, 2023	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	-5.54K	-100%	$0.00^*	0	Jun 20, 2023	Ordinary shares, no par value	5.54K	$0.00	Direct	F3, F4, F5
holding	CPRI	Restricted share units						18.2K	Jun 20, 2023	Ordinary shares, no par value	18.2K	$0.00	Direct	F4, F5, F6
holding	CPRI	Restricted share units						21.1K	Jun 20, 2023	Ordinary shares, no par value	21.1K	$0.00	Direct	F4, F5, F7
holding	CPRI	Restricted share units						40.7K	Jun 20, 2023	Ordinary shares, no par value	40.7K	$0.00	Direct	F4, F5, F8
holding	CPRI	Employee share option (right to buy)						12.3K	Jun 20, 2023	Ordinary shares, no par value	12.3K	$67.52	Direct	F3

* 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	Immediately exercisable.
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, 2021 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 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.
F7	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.
F8	Granted on June 15, 2023 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 25% each year on June 15, 2024, 2025, 2026 and 2027, 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.