Jenna Hendricks - 20 Jun 2023 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
Issuer symbol
CPRI
Transactions as of
20 Jun 2023
Net transactions value
-$37,144
Form type
4
Filing time
22 Jun 2023, 15:32:27 UTC
Previous filing
20 Jun 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
transaction CPRI Ordinary shares, no par value Options Exercise $0 +1,845 +4.4% $0.000000 44,085 20 Jun 2023 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $37,144 -1,021 -2.3% $36.38 43,064 20 Jun 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 -1,845 -100% $0.000000* 0 20 Jun 2023 Ordinary shares, no par value 1,845 $0.000000 Direct F3, F4, F5
holding CPRI Restricted share units 9,119 20 Jun 2023 Ordinary shares, no par value 9,119 $0.000000 Direct F4, F5, F6
holding CPRI Restricted share units 10,546 20 Jun 2023 Ordinary shares, no par value 10,546 $0.000000 Direct F4, F5, F7
holding CPRI Restricted share units 23,764 20 Jun 2023 Ordinary shares, no par value 23,764 $0.000000 Direct F4, F5, F8
holding CPRI Restricted share units 736 20 Jun 2023 Ordinary shares, no par value 736 $0.000000 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 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.
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.