Capri Holdings Ltd — Director's Dealing 2021

Jul 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Capri Holdings Ltd (CPRI)
CIK: 0001530721
Period of Report: 2021-07-28

Reporting Person: Freestone Robin Anthony David (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-28	Ordinary shares, no par value	M	10707	—	Acquired	18099	Direct
2021-07-28	Ordinary shares, no par value	F	5033	$49.42	Disposed	13066	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-28	Restricted share units	$0	M	10707	Disposed		Ordinary shares, no par value (10707)	Direct
2021-07-28	Restricted share units	$0	A	3035	Acquired		Ordinary shares, no par value (3035)	Direct

Footnotes

F1: Restricted share units ("RSUs") converted into ordinary shares of the Company on a one-for-one basis upon vesting.

F2: Represents shares withheld by the Company to cover tax withholding obligations upon vesting.

F3: The RSUs do not expire.

F4: Granted pursuant to the Capri Holdings Limited Second Amended and Restated Omnibus Incentive Plan. The RSUs vest on the earliest of: (1) the one year anniversary of the date of grant (July 28, 2022), or (2) the Company's annual shareholder meeting that occurs in the calendar year following the date of grant, and will be settled upon vesting unless the reporting person elects to defer settlement to a later date. If the reporting person's service with the Company terminates prior to the first anniversary of the date of grant, the RSUs will vest pro-rata based on the number of days from the date of grant through and including the date of the reporting person's termination of service. The RSUs will also vest in full in the event of the reporting person's death or disability.

F5: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.