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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 3/9/21 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1530721 |
| Issuer Name: Capri Holdings Ltd |
| Issuer Trading Symbol: CPRI |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1807536 |
| | Owner Name: Purefoy Daniel |
| Reporting Owner Address: |
| | Owner Street 1: 33 KINGSWAY |
| | Owner Street 2: |
| | Owner City: LONDON |
| | Owner State: |
| | Owner ZIP Code: WC2B 6UF |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: SVP, Global Ops |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Ordinary shares, no par value |
| | Transaction Date: |
| | | Value: 3/9/21 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 687 |
| | | Transaction Price Per Share: |
| Value: 53.6026 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Restricted share units |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Ordinary shares, no par value |
| | | Underlying Security Shares: |
| Value: 2,136 |
| Footnote ID: F3 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 2,136 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Restricted share units |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | Exercise Date: |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Ordinary shares, no par value |
| | | Underlying Security Shares: |
| Value: 901 |
| Footnote ID: F3 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 901 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Restricted share units |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | Exercise Date: |
| | | Footnote ID: F5 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Ordinary shares, no par value |
| | | Underlying Security Shares: |
| Value: 925 |
| Footnote ID: F3 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 925 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Restricted share units |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | Exercise Date: |
| | | Footnote ID: F6 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Ordinary shares, no par value |
| | | Underlying Security Shares: |
| Value: 4,430 |
| Footnote ID: F3 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 4,430 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Restricted share units |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | Exercise Date: |
| | | Footnote ID: F7 |
| | Expiration Date: |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Ordinary shares, no par value |
| | | Underlying Security Shares: |
| Value: 112,233 |
| Footnote ID: F3 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 112,233 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Employee Share Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 77.99 |
| | Exercise Date: |
| | | Footnote ID: F8 |
| | Expiration Date: |
| | | Value: 11/3/21 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Ordinary shares, no par value |
| | | Underlying Security Shares: |
| Value: 5,208 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 5,208 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: 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. |
| Footnote - F2: The RSUs do not expire. |
| Footnote - F3: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU. |
| Footnote - F4: 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. |
| Footnote - F5: 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. |
| Footnote - F6: 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. |
| Footnote - F7: 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. |
| Footnote - F8: Immediately exercisable. |
Owner Signature: |
| Signature Name: /s/ Krista A. McDonough, as Attorney-in-Fact for Daniel Purefoy |
| Signature Date: 3/9/21 |