SEC Form 4 · accession 0001530721-15-000015
Capri Holdings Ltd · CPRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Idol
Officer — Chairman & CEO · Director
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 4:55 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 value | holding | — | — | — | 1,674,110 | D | ||
| Ordinary shares, no par value | holding | — | — | — | 95,000 | I | Held by the Idol Family Foundation | |
| Ordinary shares, no par value | holding | — | — | — | 150,000 | I | Held by John D. Idol 2013 GRAT #1 | |
| Ordinary shares, no par value | holding | — | — | — | 150,000 | I | Held by John D. Idol 2013 GRAT #2 |
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)F1 | $47.10 | Jun 15, 2015 | A | 107,604 | A | — | Jun 15, 2022 | Ordinary shares, no par value | 107,604 | 107,604 | D |
| Restricted share unitF1,F2,F3 | $0.00 | Jun 15, 2015 | A | 63,694 | A | — | — | Ordinary shares, no par value | 63,694 | 63,694 | D |
| Employee share option (right to buy)F4 | $94.45 | holding | — | — | — | — | Jun 2, 2021 | Ordinary shares, no par value | 89,316 | 89,316 | D |
| Employee share option (right to buy)F5 | $2.6316 | holding | — | — | — | — | Feb 18, 2020 | Ordinary shares, no par value | 491,426 | 491,426 | D |
| Employee share option (right to buy)F5 | $5.00 | holding | — | — | — | — | Mar 25, 2021 | Ordinary shares, no par value | 456,000 | 456,000 | D |
| Employee share option (right to buy)F6 | $20.00 | holding | — | — | — | — | Dec 14, 2018 | Ordinary shares, no par value | 387,597 | 387,597 | D |
| Employee share option (right to buy)F7 | $62.24 | holding | — | — | — | — | Jun 3, 2020 | Ordinary shares, no par value | 84,219 | 84,219 | D |
Explanation of responses
- F1Granted on June 15, 2015 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). These securities will vest 25% each year on June 15, 2016, 2017, 2018, and 2019, respectively, subject to grantee's continued employment with the Company through the vesting date.
- F2The RSUs do not expire.
- F3Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- F4Granted on June 2, 2014 pursuant to 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.
- F5Immediately exercisable.
- F6Granted on December 14, 2011 pursuant to the Incentive Plan. 290,698 of these share options are immediately exercisable. The remaining 96,899 unvested share options will vest on December 14, 2015, subject to grantee's continued employment with the Company through the vesting date.
- F7Granted 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.