SEC Form 4 · accession 0001530721-18-000058
Capri Holdings Ltd · CPRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Edwards Jr.
Officer — EVP, CFO, COO & Treasurer
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 8:25 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 value | holding | — | — | — | 12,091 | 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 | $67.52 | Jun 15, 2018 | A | 12,250 | A | — | Jun 15, 2025 | Ordinary shares, no par value | 12,250 | 12,250 | D |
| Restricted share unitsF1,F2,F3 | $0.00 | Jun 15, 2018 | A | 16,291 | A | — | — | Ordinary shares, no par value | 16,291 | 16,291 | D |
| Restricted share unitsF4,F2,F3 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 61,274 | 61,274 | D |
Explanation of responses
- F1Granted on June 15, 2018 pursuant to the Michael Kors Holdings Limited Amended and Restated Incentive Plan. These securities vest 25% each year on June 15, 2019, 2020, 2021 and 2022, respectively, subject to grantee's continued employment with the Company through the vesting date.
- F2The RSUs do not expire.
- F3Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- F4Granted on May 1, 2017 pursuant to the Michael Kors Holdings Limited Amended and Restated Incentive Plan. These securities vest 25% each year on May 1, 2018, 2019, 2020 and 2021, respectively, subject to grantee's continued employment with the Company through the vesting date.