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Capri Holdings Ltd — Director's Dealing 2015
Jun 5, 2015
31557_dirs_2015-06-04_b16ab276-5900-456f-af60-ddc36817c8c1.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: 2015-06-02
Reporting Person: Sporn Lee S. (SVP Bus Affairs & GC)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-02 | Ordinary shares, no par value | F | 375 | $48.60 | Disposed | 16961 | Direct |
| 2015-06-03 | Ordinary shares, no par value | F | 568 | $48.58 | Disposed | 16393 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee share option (right to buy) | $5.00 | 2021-03-25 | Ordinary shares, no par value (76000) | 76000 | Direct |
| Employee share option (right to buy) | $94.45 | 2021-06-02 | Ordinary shares, no par value (11909) | 11909 | Direct |
| Employee share option (right to buy) | $20.00 | 2018-12-14 | Ordinary shares, no par value (27454) | 27454 | Direct |
| Employee share option (right to buy) | $62.24 | 2020-06-03 | Ordinary shares, no par value (14036) | 14036 | Direct |
Footnotes
F1: Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of restricted shares.
F2: Immediately exercisable.
F3: Granted on June 2, 2014 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). 25% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 2, 2016, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.
F4: Granted on December 14, 2011 pursuant to the Incentive Plan. 13,727 share options are fully vested and exercisable. The remaining 13,727 unvested share options will vest on December 14, 2015, subject to grantee's continued employment with the Company through the vesting date.
F5: Granted on June 3, 2013 pursuant to the Incentive Plan. 50% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 3, 2016 and 2017, respectively, subject to grantee's continued employment with the Company through the vesting date.