4//SEC Filing
Hendricks Jenna 4
Accession 0001530721-23-000198
CIK 0001530721other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 6:00 PM ET
Size
13.3 KB
Accession
0001530721-23-000198
Insider Transaction Report
Form 4
Hendricks Jenna
Chief People Officer
Transactions
- Exercise/Conversion
Ordinary shares, no par value
2023-12-18+20,333→ 63,725 total - Exercise/Conversion
Restricted share units
2023-12-18−9,119→ 0 totalExercise: $0.00From: 2024-06-15→ Ordinary shares, no par value (9,119 underlying) - Exercise/Conversion
Restricted share units
2023-12-18−5,273→ 5,273 totalExercise: $0.00→ Ordinary shares, no par value (5,273 underlying) - Exercise/Conversion
Restricted share units
2023-12-18−5,941→ 17,823 totalExercise: $0.00→ Ordinary shares, no par value (5,941 underlying)
Footnotes (6)
- [F1]Respresents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
- [F2]Reflects the accelerated vesting of time-based RSU awards that were otherwise scheduled to vest in 2024 for the purpose of reducing or eliminating the excise tax imposed under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, that would be imposed on amounts payable to the Reporting Person in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated as of August 10, 2023, by and among Tapestry, Inc., Sunrise Merger Sub, Inc., and the Company.
- [F3]The RSUs do not expire.
- [F4]Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- [F5]Granted on June 15, 2022 pursuant to the Capri Holdings Limited Third Amended and Restated Incentive Plan (the "Incentive Plan"). The securities underlying the total number of RSUs originally granted will vest 1/3 each year on June 15, 2023, 2024 and 2025, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
- [F6]Granted on June 15, 2023 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will vest 25% each year on June 15, 2024, 2025, 2026, and 2027, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
Documents
Issuer
Capri Holdings Ltd
CIK 0001530721
Entity typeother
Related Parties
1- filerCIK 0001861036
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 6:00 PM ET
- Size
- 13.3 KB