Capri Holdings Ltd — Director's Dealing 2021

Jun 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Capri Holdings Ltd (CPRI)
CIK: 0001530721
Period of Report: 2021-06-15

Reporting Person: IDOL JOHN D (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-15	Ordinary shares, no par value	M	11108	—	Acquired	865389	Direct
2021-06-15	Ordinary shares, no par value	F	5440	$54.83	Disposed	859949	Direct
2021-06-15	Ordinary shares, no par value	M	117578	—	Acquired	977527	Direct
2021-06-15	Ordinary shares, no par value	F	57578	$54.83	Disposed	919949	Direct
2021-06-15	Ordinary shares, no par value	A	55983	—	Acquired	975932	Direct
2021-06-15	Ordinary shares, no par value	F	27415	$54.83	Disposed	948517	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-15	Restricted share units	$0	M	11108	Disposed		Ordinary shares, no par value (11108)	Direct
2021-06-15	Restricted share units	$0	M	117578	Disposed		Ordinary shares, no par value (117578)	Direct
2021-06-15	Restricted share units	$0	A	155025	Acquired		Ordinary shares, no par value (155025)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary shares, no par value	2000000	Indirect
Ordinary shares, no par value	149700	Indirect
Ordinary shares, no par value	149700	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$0		Ordinary shares, no par value (83062)	83062	Direct
Employee share option, right to buy	$67.52	2025-06-15	Ordinary shares, no par value (61249)	61249	Direct
Employee share option (right to buy)	$49.88	2023-06-15	Ordinary shares, no par value (14503)	14503	Direct
Employee share option (right to buy)	$47.10	2022-06-15	Ordinary shares, no par value (107604)	107604	Direct

Footnotes

F1: Respresents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.

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

F4: Represents shares acquired upon vesting of performance-based restricted share units.

F5: Granted on June 15, 2018 pursuant to the Capri Holdings Limited Second 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 unless the grantee is retirement eligible.

F6: The RSUs do not expire.

F7: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.

F8: Granted on June 15, 2020 pursuant to the Incentive Plan. These securities 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.

F9: Granted on June 15, 2021 pursuant to the Incentive Plan. These securities 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.

F10: Granted on June 17, 2019 pursuant to the Incentive Plan. These securities 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.

F11: Immediately exercisable.