John D Idol, Michael Kors Holdings Limited's Chairman & CEO and a director of the company, recently acquired 14,129 shares of the company. The buys took place at prices ranging from $0.00 to $53.59 per share, on June 17, 2021. Idol now owns 3,262,046 shares of the company. Idol operates out of London, X0. Some additional info was provided as follows:
Respresents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
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.
Represents shares withheld by
the Company to cover tax withholding obligations upon vesting.
Granted on June 17, 2019 pursuant to the Capri Holdings Limited Second Amended and Restated Incentive Plan (the "Incentive Plan"). The securities underlying the total number of RSUs originally granted will 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.
The RSUs do not expire.
Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
Granted on June 15, 2020 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will 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.
Granted on June 15, 2021 pursuant to the Incentive Plan. The securities underlying the total number of RSUs originally granted will 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.
Immediately exercisable.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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