Thomas Edwards Jr. - 17 Jun 2024 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.
Issuer symbol
CPRI
Transactions as of
17 Jun 2024
Net transactions value
-$561,728
Form type
4
Filing time
20 Jun 2024, 09:30:53 UTC
Previous filing
22 Jun 2023
Next filing
18 Jun 2025
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 +18,238 +12% $0.000000 176,680 17 Jun 2024 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $222,368 -6,949 -3.9% $32.00 169,731 17 Jun 2024 Direct F2
transaction CPRI Ordinary shares, no par value Options Exercise $0 +10,546 +6.2% $0.000000 180,277 17 Jun 2024 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $172,640 -5,395 -3% $32.00 174,882 17 Jun 2024 Direct F2
transaction CPRI Ordinary shares, no par value Options Exercise $0 +10,185 +5.8% $0.000000 185,067 17 Jun 2024 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability $166,720 -5,210 -2.8% $32.00 179,857 17 Jun 2024 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 +18,238 $0.000000* 0 17 Jun 2024 Ordinary shares, no par value 18,238 $0.000000 Direct F1, F3, F4, F5
transaction CPRI Restricted share units Options Exercise $0 +10,546 $0.000000 10,546 17 Jun 2024 Ordinary shares, no par value 10,546 $0.000000 Direct F1, F4, F5, F6
transaction CPRI Restricted share units Options Exercise $0 +10,185 +50% $0.000000 30,554 17 Jun 2024 Ordinary shares, no par value 10,185 $0.000000 Direct F1, F4, F5, F7
transaction CPRI Restricted share units Award $0 +78,125 $0.000000 78,125 17 Jun 2024 Ordinary shares, no par value 78,125 $0.000000 Direct F4, F5, F8
holding CPRI Employee share option (right to buy) 12,250 17 Jun 2024 Ordinary shares, no par value 12,250 $67.52 Direct F9
* 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 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.
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, 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.
F7 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.
F8 Granted on June 17, 2024 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 25% each year on June 17, 2025, 2026, 2027 and 2028, 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 Immediately exercisable.