Sec Form 4 Filing - IDOL JOHN D @ Capri Holdings Ltd - 2021-06-15

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 IDOL JOHN D 2. Issuer Name and Ticker or Trading Symbol Capri Holdings Ltd [ CPRI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chairman & CEO (Last) (First) (Middle) 33 KINGSWAY 3. Date of Earliest Transaction (MM/DD/YY) 06/15/2021 (Street) LONDON, X0WC2B 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 06/15/2021 M 11,108 ( 1 ) A $ 0 865,389 ( 2 ) D Ordinary shares, no par value 06/15/2021 F 5,440 ( 3 ) D $ 54.83 859,949 ( 2 ) D Ordinary shares, no par value 06/15/2021 M 117,578 ( 1 ) A $ 0 977,527 ( 2 ) D Ordinary shares, no par value 06/15/2021 F 57,578 ( 3 ) D $ 54.83 919,949 ( 2 ) D Ordinary shares, no par value 06/15/2021 A 55,983 ( 4 ) A $ 0 975,932 ( 2 ) D Ordinary shares, no par value 06/15/2021 F 27,415 ( 3 ) D $ 54.83 948,517 ( 2 ) D Ordinary shares, no par value 2,000,000 I Held by John D. Idol 2020 GRAT Ordinary shares, no par value 149,700 I Held by John D. Idol 2013 GRAT #1 Ordinary shares, no par value 149,700 I Held by John D. Idol 2013 GRAT #2

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 06/15/2021 M 11,108 ( 5 ) ( 6 ) Ordinary shares, no par value 11,108 ( 7 ) $ 0 11,107 D Restricted share units $ 0 06/15/2021 M 117,578 ( 8 ) ( 6 ) Ordinary shares, no par value 117,578 ( 7 ) $ 0 235,156 D Restricted share units $ 0 06/15/2021 A 155,025 ( 9 ) ( 6 ) Ordinary shares, no par value 155,025 ( 7 ) $ 0 155,025 D Restricted share units $ 0 ( 10 ) ( 6 ) Ordinary shares, no par value 83,062 ( 7 ) 83,062 D Employee share option, right to buy $ 67.52 ( 5 ) 06/15/2025 Ordinary shares, no par value 61,249 61,249 D Employee share option (right to buy) $ 49.88 ( 11 ) 06/15/2023 Ordinary shares, no par value 14,503 14,503 D Employee share option (right to buy) $ 47.1 ( 11 ) 06/15/2022 Ordinary shares, no par value 107,604 107,604 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other IDOL JOHN D 33 KINGSWAY LONDON, X0WC2B 6UF X Chairman & CEO Signatures /s/ Krista A. McDonough, as Attorney-in-Fact for John D. Idol 06/17/2021 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 )This amount excludes 54,600 ordinary shares, no par value, held by the Idol Family Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Idol Family Foundation but does not have a pecuinary interest in such shares. ( 3 )Represents shares withheld by the Company to cover tax withholding obligations upon vesting. ( 4 )Represents shares acquired upon vesting of performance-based restricted share units. ( 5 )Granted on June 15, 2018 pursuant to the Capri Holdings Limited Second Amended and Restated Incentive Plan (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. ( 6 )The RSUs do not expire. ( 7 )Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU. ( 8 )Granted on June 15, 2020 pursuant to the Incentive Plan. These securities vest 1/3 each year on June 15, 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 June 15, 2021 pursuant to the Incentive Plan. These securities vest 1/3 each year on June 15, 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 )Granted on June 17, 2019 pursuant to the Incentive Plan. These securities vest 25% each year on June 15, 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. ( 11 )Immediately exercisable.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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