SEC Form 4 · accession 0001530721-15-000012
Capri Holdings Ltd · CPRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee S. Sporn
Officer — SVP Bus Affairs & GC
Period of report
Jun 2, 2015
Accepted (ET)
Jun 4, 2015 · 6:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001530721
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary shares, no par valueF1 | Jun 2, 2015 | F | 375 | $48.60 | D | 16,961 | D | |
| Ordinary shares, no par valueF1 | Jun 3, 2015 | F | 568 | $48.58 | D | 16,393 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee share option (right to buy)F2 | $5.00 | holding | — | — | — | — | Mar 25, 2021 | Ordinary shares, no par value | 76,000 | 76,000 | D |
| Employee share option (right to buy)F3 | $94.45 | holding | — | — | — | — | Jun 2, 2021 | Ordinary shares, no par value | 11,909 | 11,909 | D |
| Employee share option (right to buy)F4 | $20.00 | holding | — | — | — | — | Dec 14, 2018 | Ordinary shares, no par value | 27,454 | 27,454 | D |
| Employee share option (right to buy)F5 | $62.24 | holding | — | — | — | — | Jun 3, 2020 | Ordinary shares, no par value | 14,036 | 14,036 | D |
Explanation of responses
- F1Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of restricted shares.
- F2Immediately exercisable.
- F3Granted on June 2, 2014 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). 25% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 2, 2016, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.
- F4Granted on December 14, 2011 pursuant to the Incentive Plan. 13,727 share options are fully vested and exercisable. The remaining 13,727 unvested share options will vest on December 14, 2015, subject to grantee's continued employment with the Company through the vesting date.
- F5Granted on June 3, 2013 pursuant to the Incentive Plan. 50% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 3, 2016 and 2017, respectively, subject to grantee's continued employment with the Company through the vesting date.