Thomas Edwards Jr. - 15 Jun 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.
Issuer symbol
CPRI
Transactions as of
15 Jun 2023
Transactions value $
-$1,095,763
Form type
4
Filing time
20 Jun 2023, 14:22:19 UTC
Previous filing
17 Mar 2023
Next filing
22 Jun 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 +29.4K +23.09% $0.00 157K 15 Jun 2023 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability -$554K -15K -9.59% $36.82 142K 15 Jun 2023 Direct F2
transaction CPRI Ordinary shares, no par value Options Exercise $0 +18.2K +12.87% $0.00 160K 15 Jun 2023 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability -$343K -9.33K -5.83% $36.82 151K 15 Jun 2023 Direct F2
transaction CPRI Ordinary shares, no par value Options Exercise $0 +10.5K +7% $0.00 161K 15 Jun 2023 Direct F1
transaction CPRI Ordinary shares, no par value Tax liability -$199K -5.4K -3.35% $36.82 156K 15 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 -29.4K -100% $0.00* 0 15 Jun 2023 Ordinary shares, no par value 29.4K $0.00 Direct F3, F4, F5
transaction CPRI Restricted share units Options Exercise $0 -18.2K -50% $0.00 18.2K 15 Jun 2023 Ordinary shares, no par value 18.2K $0.00 Direct F4, F5, F6
transaction CPRI Restricted share units Options Exercise $0 -10.5K -33.34% $0.00 21.1K 15 Jun 2023 Ordinary shares, no par value 10.5K $0.00 Direct F4, F5, F7
transaction CPRI Restricted share units Award $0 +40.7K $0.00 40.7K 15 Jun 2023 Ordinary shares, no par value 40.7K $0.00 Direct F4, F5, F8
holding CPRI Restricted share units 5.54K 15 Jun 2023 Ordinary shares, no par value 5.54K $0.00 Direct F4, F5, F9
holding CPRI Employee share option (right to buy) 12.3K 15 Jun 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.
F9 Granted on June 17, 2019 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 25% each year on June 17, 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.