Capri Holdings Ltd — Director's Dealing 2019

Jun 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Capri Holdings Ltd (CPRI)
CIK: 0001530721
Period of Report: 2019-06-17

Reporting Person: Edwards Thomas Jr. (EVP, CFO & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-17	Ordinary shares, no par value	M	4073	—	Acquired	38927	Direct
2019-06-17	Ordinary shares, no par value	F	2011	$33.86	Disposed	36916	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-17	Restricted share units	$0	M	4073	Disposed		Ordinary shares, no par value (4073)	Direct
2019-06-17	Restricted share units	$0	A	22150	Acquired		Ordinary shares, no par value (22150)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee share option (right to buy)	$67.52	2025-06-15	Ordinary shares, no par value (12250)	12250	Direct
Restricted share units	$0		Ordinary shares, no par value (40849)	40849	Direct

Footnotes

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: Granted on June 15, 2018 pursuant to the Capri Holdings Limited Amended and Restated Incentive Plan (the "Incentive Plan"). These securities vest 25% each year on June 15, 2019, 2020, 2021 and 2022, respectively, subject to grantee's continued employment with the Company through the vesting date.

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 17, 2019 pursuant to the Incentive Plan. These securities 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.

F7: Granted on May 1, 2017 pursuant to the Incentive Plan. These securities vest 25% each year on May 1, 2018, 2019, 2020 and 2021, respectively, subject to employee's continued employment with the Company through the vesting date unless employee is retirement eligible.