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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-15	Ordinary shares, no par value	M	4073	—	Acquired	71602	Direct
2021-06-15	Ordinary shares, no par value	F	2084	$54.83	Disposed	69518	Direct
2021-06-15	Ordinary shares, no par value	M	29395	—	Acquired	98913	Direct
2021-06-15	Ordinary shares, no par value	F	15036	$54.83	Disposed	83877	Direct
2021-06-15	Ordinary shares, no par value	A	11196	—	Acquired	95073	Direct
2021-06-15	Ordinary shares, no par value	F	5727	$54.83	Disposed	89346	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-15	Restricted share units	$0	M	4073	Disposed		Ordinary shares, no par value (4073)	Direct
2021-06-15	Restricted share units	$0	M	29395	Disposed		Ordinary shares, no par value (29395)	Direct
2021-06-15	Restricted share units	$0	A	54715	Acquired		Ordinary shares, no par value (54715)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$0		Ordinary shares, no par value (16612)	16612	Direct
Employee share option (right to buy)	$67.52	2025-06-15	Ordinary shares, no par value (12250)	12250	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: Represents shares acquired upon vesting of performance-based restricted share units.

F4: 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.

F5: The RSUs do not expire.

F6: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.

F7: 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.

F8: 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.

F9: 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.