SEC Form 4 · accession 0001530721-17-000096
Capri Holdings Ltd · CPRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pascale Meyran
Officer — SVP, Chief HR Officer
Period of report
Dec 7, 2017
Accepted (ET)
Dec 11, 2017 · 3:31 pm EST
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 | Dec 7, 2017 | M | 1,813 | $49.88 | A | 10,081 | D | |
| Ordinary shares, no par value | Dec 7, 2017 | M | 5,022 | $47.10 | A | 15,103 | D | |
| Ordinary shares, no par value | Dec 7, 2017 | S | 6,835 | $60.01 | D | 8,268 | 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)F1 | $49.88 | Dec 7, 2017 | M | 1,813 | D | — | Jun 15, 2023 | Ordinary shares, no par value | 1,813 | 5,439 | D |
| Employee share options (right to buy)F2 | $47.10 | Dec 7, 2017 | M | 5,022 | D | — | Jun 15, 2022 | Ordinary shares, no par value | 5,022 | 5,021 | D |
| Restricted share unitsF2,F3,F4 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 1,486 | 2,972 | D |
| Restricted share unitsF1,F3,F4 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 1,003 | 3,007 | D |
| Employee share option (right to buy)F5 | $34.68 | holding | — | — | — | — | Jun 15, 2024 | Ordinary shares, no par value | 25,818 | 25,818 | D |
| Restricted share unitsF5,F3 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 17,301 | 17,301 | D |
| Employee share options (right to buy)F6 | $71.66 | holding | — | — | — | — | Oct 1, 2021 | Ordinary shares, no par value | 23,638 | 23,638 | D |
Explanation of responses
- F1Granted 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.
- F2Granted on June 15, 2015 pursuant to the Michael Kors Holdings Limited Amended and Restated Omnibus Incentive Plan (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.
- 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 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.
- F6Granted on October 1, 2014 pursuant to the Incentive Plan. 25% of these securities vest annually on each of October 1, 2015, 2016, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.