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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

McDonough Krista A
2. Issuer Name and Ticker or Trading Symbol

Capri Holdings Ltd [ CPRI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP, GC & Chf Sustain Off
(Last)          (First)          (Middle)

90 WHITFIELD STREET, 2ND FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

6/20/2023
(Street)

LONDON, X0 W1T 4EZ
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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)
Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 6/20/2023  M(1)  3691 A$0 67749 D  
Ordinary shares, no par value 6/20/2023  F(2)  1888 D$36.38 65861 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted share units $0 6/20/2023  M     3691   (3) (4)Ordinary shares, no par value 3691 (5)$0 0 D  
Restricted share units $0            (6) (4)Ordinary shares, no par value 9119 (5) 9119 D  
Restricted share units $0            (7) (4)Ordinary shares, no par value 10546 (5) 10546 D  
Restricted share units $0            (8) (4)Ordinary shares, no par value 23764 (5) 23764 D  
Employee share option (right to buy) $34.68            (3)6/15/2024 Ordinary shares, no par value 6885  6885 D  
Employee share option (right to buy) $67.52            (3)6/15/2025 Ordinary shares, no par value 4900  4900 D  

Explanation of Responses:
(1) Represents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
(2) Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
(3) Immediately exerciseable.
(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, 2021 pursuant to the Capri Holdings Limited Third Amended and Restsated Incentive Plan (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 dies, becomes permanently disabled or is retirement eligible under the Incentive Plan.
(7) Granted on June 15, 2022 pursuant to 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.
(8) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
McDonough Krista A
90 WHITFIELD STREET, 2ND FLOOR
LONDON, X0 W1T 4EZ


SVP, GC & Chf Sustain Off

Signatures
/s/ Krista A. McDonough6/22/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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