Capri Holdings Ltd — Director's Dealing 2015

Oct 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2015-10-01

Reporting Person: Meyran Pascale (SVP, Chief HR Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-01	Ordinary shares, no par value	F	837	$41.66	Disposed	6489	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee share options (right to buy)	$47.10	2022-06-15	Ordinary shares, no par value (10043)	10043	Direct
Restricted share units	$0.00		Ordinary shares, no par value (5945)	5945	Direct
Employee share options (right to buy)	$71.66	2021-10-01	Ordinary shares, no par value (23638)	23638	Direct

Footnotes

F1: Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of restricted shares.

F2: Granted on June 15, 2015 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). These securities will vest 25% each year on June 15, 2016, 2017, 2018, and 2019, respectively, subject to grantee's continued employment with the Company through the vesting date.

F3: The RSUs do not expire.

F4: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.

F5: Granted on October 1, 2014 pursuant to the Incentive Plan. 25% of these securities vest annually on each of October 1, 2015, 2016, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.