Capri Holdings Ltd — Director's Dealing 2015

Jun 4, 2015

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: IDOL JOHN D (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-02	Ordinary shares, no par value	F	3607	$48.60	Disposed	1678492	Direct
2015-06-03	Ordinary shares, no par value	F	4382	$48.58	Disposed	1674110	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary shares, no par value	95000	Indirect
Ordinary shares, no par value	150000	Indirect
Ordinary shares, no par value	150000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee share option (right to buy)	$94.45	2021-06-02	Ordinary shares, no par value (89316)	89316	Direct
Employee share option (right to buy)	$2.6316	2020-02-18	Ordinary shares, no par value (491426)	491426	Direct
Employee share option (right to buy)	$5.00	2021-03-25	Ordinary shares, no par value (456000)	456000	Direct
Employee share option (right to buy)	$20.00	2018-12-14	Ordinary shares, no par value (387597)	387597	Direct
Employee share option (right to buy)	$62.24	2020-06-03	Ordinary shares, no par value (84219)	84219	Direct

Footnotes

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

F2: 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.

F3: Immediately exercisable.

F4: Granted on December 14, 2011 pursuant to the Incentive Plan. 290,698 of these share options are immediately exercisable. The remaining 96,899 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.