Capri Holdings Ltd — Director's Dealing 2014

Nov 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2014-11-06

Reporting Person: Gibbons Judy (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-06	Ordinary shares, no par value	P	815	$72.286	Acquired	4920	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$0		Ordinary shares, no par value (1841)	1841	Direct
Restricted share units	$0		Ordinary shares, no par value (2185)	2185	Direct
Restricted share units	$0		Ordinary shares, no par value (1975)	1975	Direct

Footnotes

F1: Granted on July 31, 2014 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). Subject to the director's continued service, this award will vest in full on the earlier of (i) the first anniversary of the date of grant (July 31, 2015) or (ii) the date of the annual shareholder meeting that occurs in the calendar year following the calendar year of the date of grant. Settlement of this award is deferred until July 31, 2015 (or if earlier, the date of the director's separation from service within the meaning of Section 409A of the Internal Revenue Code).

F2: Granted on August 1, 2013 pursuant to the Incentive Plan. Subject to the director's continued service, this award will vest in full on the first anniversary of the date of grant (August 1, 2014). Settlement of this award is deferred until August 1, 2016 (or if earlier, the date of the director's separation from service within the meaning of Section 409A of the Internal Revenue Code).

F3: The restricted share units do not expire.

F4: Settlement of this award may be satisfied through the issuance of one ordinary share or cash equal to the fair market value of one ordinary share for each vested restricted share unit (as determined by the Compensation Committee of the Company in its sole discretion).

F5: Granted on November 1, 2012 pursuant to the Incentive Plan. Subject to the director's continued service, this award will vest in full on November 1, 2013. Settlement of this award is deferred until November 1, 2015 (or if earlier, the date of the director's separation from service within the meaning of Section 409A of the Internal Revenue Code).