Capri Holdings Ltd — Director's Dealing 2014

Mar 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2014-02-26

Reporting Person: Gibbons Judy (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-26	Ordinary shares, no par value	P	1980	$100.171	Acquired	4105	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 August 1, 2013 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 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).

F2: The restricted share units do not expire.

F3: 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).

F4: Granted on November 1, 2012 pursuant to the Incentive Plan. This award vested 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).