Sec Form 4 Filing - Purefoy Daniel @ Capri Holdings Ltd - 2021-03-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Purefoy Daniel
2. Issuer Name and Ticker or Trading Symbol
Capri Holdings Ltd [ CPRI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, Global Ops
(Last) (First) (Middle)
33 KINGSWAY
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2021
(Street)
LONDONWC2B 6UF
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Ordinary shares, no par value 03/01/2021 M 1,068 ( 1 ) A $ 0 1,068 D
Ordinary shares, no par value 03/01/2021 F 381 ( 2 ) D $ 48.26 687 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted share units $ 0 03/01/2021 M 1,068 ( 3 ) ( 4 ) Ordinary shares, no par value 1,068 ( 5 ) $ 0 2,136 D
Restricted share units $ 0 ( 6 ) ( 4 ) Ordinary shares, no par value 901 ( 5 ) 901 D
Restricted share units $ 0 ( 7 ) ( 4 ) Ordinary shares, no par value 925 ( 5 ) 925 D
Restricted share units $ 0 ( 8 ) ( 4 ) Ordinary shares, no par value 4,430 ( 5 ) 4,430 D
Restricted share units $ 0 ( 9 ) ( 4 ) Ordinary shares, no par value 112,233 ( 5 ) 112,233 D
Employee Share Option (right to buy) $ 77.99 ( 10 ) 11/03/2021 Ordinary shares, no par value 5,208 5,208 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Purefoy Daniel
33 KINGSWAY
LONDONWC2B 6UF
SVP, Global Ops
Signatures
/s/ Krista A. McDonough, as Attorney-in-Fact for Daniel Purefoy 03/03/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Respresents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
( 2 )Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
( 3 )Granted on March 1, 2019 pursuant to the Capri Holdings Limited Second Amended and Restated Omnibus Incentive Plan (the "Incentive Plan"). These securities vest 25% each year on March 1, 2020, 2021, 2022, and 2023, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
( 4 )The RSUs do not expire.
( 5 )Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
( 6 )Granted on June 15, 2017 pursuant to the Incentive Plan. These securities vest 50% each year on June 15, 2020 and 2021, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
( 7 )Granted 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.
( 8 )Granted on June 17, 2019 pursuant to the Incentive Plan. These securities vest 25% each year on June 17, 2020, 2021, 2022, and 2023, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
( 9 )Granted on April 1, 2020 pursuant to the Incentive Plan. These securities vest 25% each year on April 1, 2021, 2022, 2023, and 2024, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
( 10 )Immediately exercisable.

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