SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
 Â	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* IDOL JOHN D (Last) (First) (Middle) 33 KINGSWAY (Street) LONDON X0 WC2B 6UF (City) (State) (Zip)	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
	3. Date of Earliest Transaction (Month/Day/Year) 03/01/2021
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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		G(1)	V	246,854	D	$0	0	I	Held by John D. Idol 2018 GRAT
Ordinary shares, no par value	03/01/2021		G(1)	V	246,854	A	$0	854,281(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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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							(3)	(4)	Ordinary shares, no par value	83,062(5)		83,062	D
Restricted share units	$0							(6)	(4)	Ordinary shares, no par value	22,215(5)		22,215	D
Restricted share units	$0							(7)	(4)	Ordinary shares, no par value	352,734(5)		352,734	D
Employee share option (right to buy)	$49.88							(8)	06/15/2023	Ordinary shares, no par value	14,503		14,503	D
Employee share option, right to buy	$67.52							(6)	06/15/2025	Ordinary shares, no par value	61,249		61,249	D
Employee share option (right to buy)	$94.45							(8)	06/02/2021	Ordinary shares, no par value	89,316		89,316	D
Employee share option (right to buy)	$47.1							(8)	06/15/2022	Ordinary shares, no par value	107,604		107,604	D

Explanation of Responses:

1. The shares were transfered from a grantor retained annuity trust ("GRAT") in which the reporting person has an indirect pecuniary interest to the reporting person as an annuity payment in accordance with the terms of the GRAT.

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. Granted on June 17, 2019 pursuant to the Capri Holdings Limited Second Amended and Restated Incentive Plan (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.

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, 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.

7. 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.

8. Immediately exercisable.

	/s/ Krista A. McDonough, as Attorney-in-Fact for John D. Idol	03/03/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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