Capri Holdings Ltd — Director's Dealing 2015

Apr 10, 2015

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2015-03-28

Reporting Person: Kors Michael David (Director, Hon Chair & Chief Creative Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-10	Ordinary shares, no par value	G	1335	—	Disposed	4340270	Direct
2014-12-12	Ordinary shares, no par value	G	3250	—	Disposed	4337020	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary shares, no par value	25717	Indirect
Ordinary shares, no par value	95000	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)	$94.45	2021-06-02	Ordinary shares, no par value (5104)	5104	Indirect
Employee share option (right to buy)	$62.24	2020-06-03	Ordinary shares, no par value (84219)	84219	Direct
Employee share option (right to buy)	$62.24	2020-06-03	Ordinary shares, no par value (12031)	12031	Indirect
Employee share option (right to buy)	$20	2018-12-14	Ordinary shares, no par value (387597)	387597	Direct
Employee share option (right to buy)	$2.6316	2018-04-16	Ordinary shares, no par value (246590)	246590	Indirect
Employee share option (right to buy)	$2.6316	2020-10-25	Ordinary shares, no par value (165765)	165765	Indirect
Employee share option (right to buy)	$20	2018-12-14	Ordinary shares, no par value (38760)	38760	Indirect

Footnotes

F1: Charitable gift.

F2: Granted on June 2, 2014 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). 25% of these securities vest annually on each of June 2, 2015, 2016, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.

F3: Granted on June 3, 2013 pursuant to the Incentive Plan. 25% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 3, 2015, 2016 and 2017, 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. 290,698 share options are immediately exercisable. The remaining 98,889 unvested share options will vest on December 14, 2015, subject to grantee's continued employment with the Company through the vesting date.

F5: Immediately exercisable.

F6: Granted on October 25, 2010 pursuant to the Amended and Restated Michael Kors (USA), Inc. Stock Option Plan. These share options vest in full 10 years from the date of grant if the Company's shareholder net equity has increased by at least 20% per annum during such 10-year period. These share options may also vest on an accelerated basis if the pre-established annual performance goal (tied to annual divisional pre-tax profit) for the year has been met, in each case, subject to the grantee's continued employment with the Company through the vesting date. 110,510 share options are immediately exercisable. If the annual performance goal is attained for Fiscal 2015, then the remaining 55,255 unvested share options will vest on or about the date the audit of the financial statements of the Company for the fiscal year ended March 28, 2015 is completed.

F7: Granted on December 14, 2011 pursuant to the Incentive Plan. 29,070 share options are immediately exercisable. The remaining 9,690 unvested share options will vest on December 14, 2015, subject to grantee's continued employment with the Company through the vesting date.