SEC Form 4 · accession 0001530721-17-000049
Capri Holdings Ltd · CPRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cathy Marie Robinson
Officer — SVP, Corp Str & Ch Ops Off
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 7:21 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 | 1,274 | $0.00 | A | 21,149 | D | |
| Ordinary shares, no par valueF2 | Jun 15, 2017 | F | 515 | $34.68 | D | 20,634 | D | |
| Ordinary shares, no par valueF1 | Jun 15, 2017 | M | 1,003 | $0.00 | A | 21,637 | D | |
| Ordinary shares, no par valueF2 | Jun 15, 2017 | F | 405 | $34.68 | D | 21,232 | D |
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, 2015 | M | 1,274 | D | — | — | Ordinary shares, no par value | 1,274 | 2,548 | D |
| Restricted share unitsF6,F4,F5 | $0.00 | Jun 15, 2017 | M | 1,003 | D | — | — | Ordinary shares, no par value | 1,003 | 3,007 | D |
| Employee share option (right to buy)F7 | $34.68 | Jun 15, 2017 | A | 25,818 | A | — | Jun 15, 2024 | Ordinary shares, no par value | 25,818 | 25,818 | D |
| Restricted share unitsF7,F4,F5 | $0.00 | Jun 15, 2017 | A | 17,301 | A | — | — | Ordinary shares, no par value | 17,301 | 17,301 | D |
| Restricted share unitsF8,F4,F5 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 1,274 | 23,370 | D |
| Employee share option (right to buy)F3 | $47.10 | holding | — | — | — | — | Jun 15, 2022 | Ordinary shares, no par value | 8,608 | 8,608 | D |
| Employee share option (right to buy)F6 | $49.88 | holding | — | — | — | — | Jun 15, 2023 | Ordinary shares, no par value | 7,252 | 7,252 | D |
Explanation of responses
- F1Represents 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 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, 2016 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.
- F8Granted on September 1, 2015 pursuant to the Michael Kors Holdings Limited Amended and Restated Omnibus Incentive Plan (the "Incentive Plan"). These securities vest over three years on each anniversary of the date of the grant, subject to grantee's continued employment with the Company through the vesting date.