SEC Form 4 · accession 0001530721-17-000043
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 15, 2017
Accepted (ET)
Jun 19, 2017 · 7:16 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 15, 2017 | M | 3,822 | $0.00 | A | 50,245 | D | |
| Ordinary shares, no par valueF2 | Jun 15, 2017 | F | 1,986 | $34.68 | D | 48,259 | D | |
| Ordinary shares, no par valueF1 | Jun 15, 2017 | M | 2,406 | $0.00 | A | 50,665 | D | |
| Ordinary shares, no par valueF2 | Jun 15, 2017 | F | 1,250 | $34.68 | D | 49,415 | D | |
| Ordinary shares, no par value | holding | — | — | — | 94,000 | I | By JCDRP Family Foundation |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted share unitsF3,F4,F5 | $0.00 | Jun 15, 2017 | M | 3,822 | D | — | — | Ordinary shares, no par value | 3,822 | 7,643 | D |
| Restricted share unitsF6,F4,F5 | $0.00 | Jun 15, 2017 | M | 2,406 | D | — | — | Ordinary shares, no par value | 2,406 | 7,217 | D |
| Restricted share unitsF7,F4,F5 | $0.00 | Jun 15, 2017 | A | 34,602 | A | — | — | Ordinary shares, no par value | 34,602 | 34,602 | D |
| Employee share option (right to buy)F8 | $5.00 | holding | — | — | — | — | Mar 25, 2021 | Ordinary shares, no par value | 228,000 | 228,000 | D |
| Employee share option (right to buy)F6 | $49.88 | holding | — | — | — | — | Jun 15, 2023 | Ordinary shares, no par value | 17,404 | 17,404 | D |
| Employee share option (right to buy)F3 | $47.10 | holding | — | — | — | — | Jun 15, 2022 | Ordinary shares, no par value | 25,825 | 25,825 | D |
| Employee share option (right to buy)F9 | $94.45 | holding | — | — | — | — | Jun 2, 2021 | Ordinary shares, no par value | 21,436 | 21,436 | D |
| Employee share option (right to buy)F8 | $20.00 | holding | — | — | — | — | Dec 14, 2018 | Ordinary shares, no par value | 67,829 | 67,829 | D |
| Employee share option (right to buy)F8 | $62.24 | holding | — | — | — | — | Jun 3, 2020 | Ordinary shares, no par value | 25,266 | 25,266 | D |
Explanation of responses
- F1Respresents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
- F2Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
- F3Granted on June 15, 2015 pursuant to the Incentive Plan. These securities 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.
- F4The RSUs do not expire.
- F5Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- F6Granted on June 15, 2016 pursuant to Michael Kors Holdings Limited Amended and Restated Omnibus Incentive Plan (the "Incentive Plan"). These securities vest 25% each year on June 15, 2017, 2018, 2019, and 2020, respectively, subject to grantee's continued employment with the Company through the vesting date unless grantee is retirement eligible.
- F7Granted on June 15, 2017 pursuant to the Incentive Plan. These securities vest 25% each year on June 15, 2018, 2019, 2020, and 2021, respectively, subject to grantee's continued employment with the Company through the vesting date unless grantee is retirement eligible.
- F8Immediately exercisable.
- F9Granted on June 2, 2014 pursuant to the Incentive Plan. 75% of these share options are immediately exercisable. The remaining unvested share options will vest on June 2, 2018, subject to grantee's continued employment with the Company through the vesting date.