JOHN D. IDOL - 07 Dec 2021 Form 4 Insider Report for Capri Holdings Ltd (CPRI)

Role
Chairman & CEO, Director
Signature
/s/ Krista A. McDonough, as Attorney-in-Fact for John D. Idol
Issuer symbol
CPRI
Transactions as of
07 Dec 2021
Transactions value $
$0
Form type
4
Filing time
08 Dec 2021, 14:26:49 UTC
Previous filing
09 Nov 2021
Next filing
15 Feb 2022
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 Gift $0 -543,383 -27.17% $0 1,456,617 07 Dec 2021 Held by John D. Idol 2020 GRAT F1
transaction CPRI Ordinary shares, no par value Gift $0 +543,383 +1.39% $0 933,268 07 Dec 2021 Direct F1, F2
holding CPRI Ordinary shares, no par value 149,700 07 Dec 2021 Held by John D. Idol 2013 GRAT #1
holding CPRI Ordinary shares, no par value 149,700 07 Dec 2021 Held by John D. Idol 2013 GRAT #2

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
holding CPRI Restricted share units 55,374 07 Dec 2021 Ordinary shares, no par value 55,374 $0 Direct F3, F4, F5
holding CPRI Restricted share units 11,107 07 Dec 2021 Ordinary shares, no par value 11,107 $0 Direct F4, F5
holding CPRI Restricted share units 235,156 07 Dec 2021 Ordinary shares, no par value 235,156 $0 Direct F4, F5, F6
holding CPRI Restricted share units 155,025 07 Dec 2021 Ordinary shares, no par value 155,025 $0 Direct F4, F5, F7
holding CPRI Employee share option (right to buy) 61,249 07 Dec 2021 Ordinary shares, no par value 61,249 $67.52 Direct
holding CPRI Employee share option (right to buy) 14,503 07 Dec 2021 Ordinary shares, no par value 14,503 $49.88 Direct F8
holding CPRI Employee share option (right to buy) 107,604 07 Dec 2021 Ordinary shares, no par value 107,604 $47.1 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were transfered from a grantor retained annuity trust ("GRAT") in which the reporting person has an indirect pecuniary interest to the reporting person as an annuity payment in accordance with the terms of the GRAT.
F2 This amount excludes 54,600 ordinary shares, no par value, held by the Idol Family Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Idol Family Foundation but does not have a pecuinary interest in such shares.
F3 Granted on June 17, 2019 pursuant to the Capri Holdings Limited Second Amended and Restated Incentive Plan (the "Incentive Plan"). The securities underlying the total number of RSUs originally granted will vest 25% each year on June 15, 2020, 2021, 2022, and 2023, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
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, 2020 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 1/3 each year on June 15, 2021, 2022, and 2023, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
F7 Granted on June 15, 2021 pursuant to 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 is retirement eligible.
F8 Immediately exercisable.