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Capri Holdings Ltd — Director's Dealing 2015
Aug 3, 2015
31557_dirs_2015-08-03_d52c4fab-feed-4efd-99e0-5e4edf7c8230.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2015-07-30
Reporting Person: Reitman Stephen F (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-07-30 | Restricted share units | $0 | A | 3561 | Acquired | Ordinary shares, no par value (3561) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary shares, no par value | 4000 | 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 (3501) | 3501 | Direct |
Footnotes
F1: Granted pursuant to the Michael Kors Holdings Limited Amended and Restated Omnibus Incentive Plan (the "Incentive Plan"). The restricted share units ("RSUs") vest on the earliest of: (1) the one year anniversary of the date of grant, or (2) the Company's annual shareholder meeting that occurs in the calendar year following the date of grant, and will be settled upon vesting unless the reporting person elects to defer settlement to a later date. If the reporting person's service with the Company terminates prior to the first anniversary of the date of grant, the RSUs will vest pro-rata based on the number of days from the date of grant through and including the date of the reporting person's termination of service. The RSUs will also vest in full in the event of the reporting person's death or disability.
F2: The RSUs do not expire.
F3: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
F4: Settlement of this award was deferred by the reporting person.
F5: 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 RSU (as determined by the Compensation Committee of the Company in its sole discretion).