SEC Form 4 · accession 0001530721-18-000062
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
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 8:29 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 | 1,486 | $0.00 | A | 9,754 | D | |
| Ordinary shares, no par valueF2 | Jun 15, 2018 | F | 568 | $67.52 | D | 9,186 | D | |
| Ordinary shares, no par valueF1 | Jun 15, 2018 | M | 1,003 | $0.00 | A | 10,189 | D | |
| Ordinary shares, no par valueF2 | Jun 15, 2018 | F | 384 | $67.52 | D | 9,805 | D | |
| Ordinary shares, no par valueF1 | Jun 15, 2018 | M | 4,326 | $0.00 | A | 14,131 | D | |
| Ordinary shares, no par valuF2 | Jun 15, 2018 | F | 1,654 | $67.52 | D | 12,477 | D | |
| Ordinary shares, no par valueF3 | Jun 15, 2018 | A | 3,032 | $0.00 | A | 15,509 | D | |
| Ordinary shares, no par valueF2 | Jun 15, 2018 | F | 1,159 | $67.52 | D | 14,350 | 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 unitsF4,F5,F6 | $0.00 | Jun 15, 2018 | M | 1,486 | D | — | — | Ordinary shares, no par value | 1,486 | 1,486 | D |
| Restricted share unitsF7,F5,F6 | $0.00 | Jun 15, 2018 | M | 1,003 | D | — | — | Ordinary shares, no par value | 1,003 | 2,004 | D |
| Restricted share unitsF8,F5,F6 | $0.00 | Jun 15, 2018 | M | 4,326 | D | — | — | Ordinary shares, no par value | 4,326 | 12,975 | D |
| Employee share option (right to buy)F9 | $67.52 | Jun 15, 2018 | A | 8,167 | A | — | Jun 15, 2025 | Ordinary shares, no par value | 8,167 | 8,167 | D |
| Restricted share unitsF9,F5,F6 | $0.00 | Jun 15, 2018 | A | 13,329 | A | — | — | Ordinary shares, no par value | 13,329 | 13,329 | D |
| Employee share option (right to buy)F7 | $49.88 | holding | — | — | — | — | Jun 15, 2023 | Ordinary shares, no par value | 5,439 | 5,439 | D |
| Employee share options (right to buy)F4 | $47.10 | holding | — | — | — | — | Jun 15, 2022 | Ordinary shares, no par value | 5,021 | 5,021 | D |
| Employee share option (right to buy)F8 | $34.68 | holding | — | — | — | — | Jun 15, 2024 | Ordinary shares, no par value | 25,818 | 25,818 | D |
| Employee share options (right to buy)F10 | $71.66 | holding | — | — | — | — | Oct 1, 2021 | Ordinary shares, no par value | 23,638 | 23,638 | D |
Explanation of responses
- F1Respresents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
- F10Granted 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.
- F2Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
- F3Represents shares acquired upon vesting of performance-based restricted share units.
- F4Granted 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.
- F5The RSUs do not expire.
- F6Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- 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 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 grantee is retirement eligible.
- F9Granted 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 grantee is retirement eligible.