SEC Form 4 · accession 0001530721-18-000060
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
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 8:27 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, 2018 | M | 663 | $0.00 | A | 3,727 | D | |
| Ordinary shares,no par valueF2 | Jun 15, 2018 | F | 226 | $67.52 | D | 3,501 | D | |
| Ordinary shares, no par valueF1 | Jun 15, 2018 | M | 627 | $0.00 | A | 4,128 | D | |
| Ordinary shares, no par valueF2 | Jun 15, 2018 | F | 216 | $67.52 | D | 3,912 | D | |
| Ordinary shares, no par valueF1 | Jun 15, 2018 | M | 1,154 | $0.00 | A | 5,066 | D | |
| Ordinary shares, no par valueF2 | Jun 15, 2018 | F | 297 | $67.52 | D | 4,669 | 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, 2018 | M | 663 | D | — | — | Ordinary shares, no par value | 663 | 664 | D |
| Restricted share unitsF6,F4,F5 | $0.00 | Jun 15, 2018 | M | 627 | D | — | — | Ordinary shares, no par value | 627 | 1,252 | D |
| Restricted share unitsF7,F4,F5 | $0.00 | Jun 15, 2018 | M | 1,154 | D | — | — | Ordinary shares, no par value | 1,154 | 3,460 | D |
| Restricted share unitsF8,F4,F5 | $0.00 | Jun 15, 2018 | A | 10,960 | A | — | — | Ordinary shares, no par value | 10,960 | 10,960 | D |
| Employee share option (right to buy)F8 | $67.52 | Jun 15, 2018 | A | 4,900 | A | — | Jun 15, 2025 | Ordinary shares, no par value | 4,900 | 4,900 | D |
| Restricted share unitsF9,F4,F5 | $0.00 | holding | — | — | — | — | — | Ordinary shares, no par value | 4,467 | 4,467 | D |
| Employee share option (right to buy)F7 | $34.68 | holding | — | — | — | — | Jun 15, 2024 | Ordinary shares, no par value | 6,885 | 6,885 | D |
| Employee share option (right to buy)F10 | $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.
- F10Immediately exerciseable.
- F2Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
- F3Granted on June 15, 2015 pursuant to the Incentive Plan. 75% of these securities are immediately exercisable. The remaining unvested securities will vest on June 15, 2019, 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 IMichael Kors Holdings Limited Amended and Restated 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 the 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 the grantee is retirement eligible.
- F8Granted on June 15, 2018 pursuant to the 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 unless the grantee is retirement eligible.
- F9Granted 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.