SEC Form 4 · accession 0001530721-17-000086
Capri Holdings Ltd · CPRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Krista A McDonough
Officer — SVP, General Counsel
Period of report
Nov 1, 2017
Accepted (ET)
Nov 3, 2017 · 4:35 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 | Nov 1, 2017 | M | 1,489 | $0.00 | A | 3,748 | D | |
| Ordinary shares, no par valueF2 | Nov 1, 2017 | F | 601 | $48.48 | D | 3,147 | 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 | Nov 1, 2017 | M | 1,489 | D | — | — | Ordinary shares, no par value | 1,489 | 4,467 | D |
| Restricted share unitsF6,F4,F5 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 664 | 1,327 | D |
| Restricted share unitsF7,F4,F5 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 627 | 1,879 | D |
| Employee share option (right to buy)F8 | $34.68 | holding | — | — | — | — | Jun 15, 2024 | Ordinary shares, no par value | 6,885 | 6,885 | D |
| Restricted share unitsF8,F4,F5 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 4,614 | 4,614 | D |
| Employee share option (right to buy)F9 | $20.00 | holding | — | — | — | — | Dec 14, 2018 | Ordinary shares, no par value | 4,900 | 19,600 | D |
| Employee share option (right to buy)F9 | $62.24 | holding | — | — | — | — | Jun 3, 2020 | Ordinary shares, no par value | 2,507 | 2,507 | D |
| Employee share option (right to buy)F10 | $94.45 | holding | — | — | — | — | Jun 2, 2021 | Ordinary shares, no par value | 1,063 | 1,063 | D |
Explanation of responses
- F1Respresents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
- F10Granted 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.
- F2Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
- F3Granted on November 1, 2016 pursuant to the Incentive Plan . These securities vest 25% each year on November 1, 2017, 2018, 2019, and 2020, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
- 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, 2015 pursuant to the Incentive Plan. 50% of these securities are immediately exercisable. The remaining unvested securities will vest 25% each year on June 15, 2018, and 2019, respectively, subject to grantee's continued employment with the Company through the vesting date.
- F7Granted 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 the grantee is retirement eligible.
- F8Granted 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 the grantee is retirement eligible.
- F9Immediately exerciseable.