SEC Form 4 · accession 0001530721-16-000100
Capri Holdings Ltd · CPRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph B. Parsons
Officer — EVP, CFO, COO & Treasurer
Period of report
Jun 3, 2016
Accepted (ET)
Jun 7, 2016 · 8:13 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 3, 2016 | F | 1,022 | $48.45 | D | 39,338 | 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 | $47.10 | holding | — | — | — | — | Jun 15, 2022 | Ordinary shares, no par value | 25,825 | 25,825 | D |
| Restricted share unitF2,F3,F4 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 15,287 | 15,287 | D |
| Employee share option (right to buy)F5 | $94.45 | holding | — | — | — | — | Jun 2, 2021 | Ordinary shares, no par value | 21,436 | 21,436 | D |
| Employee share option (right to buy)F6 | $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 | 67,829 | 67,829 | D |
| Employee share option (right to buy)F7 | $62.24 | holding | — | — | — | — | Jun 3, 2020 | Ordinary shares, no par value | 25,266 | 25,266 | D |
Explanation of responses
- F1Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of restricted shares.
- F2Granted 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.
- F3The RSUs do not expire.
- F4Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- F5Granted on June 2, 2014 pursuant to the Incentive Plan. 50% of these share options are immediately exercisable. The remaining unvested share options will vest 50% each year on June 2, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.
- F6Immediately exercisable.
- F7Granted on June 3, 2013 pursuant to the Incentive Plan. 75% of these share options are immediately exercisable. The remaining unvested share options will vest on June 3, 2017, subject to grantee's continued employment with the Company through the vesting date.