Capri Holdings Ltd — Director's Dealing 2016

Dec 7, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2016-12-05

Reporting Person: McDonough Krista A (SVP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-05	Ordinary shares, no par value	M	4900	$20.00	Acquired	6843	Direct
2016-12-05	Ordinary shares, no par value	S	4900	$48.0199	Disposed	1943	Direct
2016-12-05	Ordinary shares, no par value	S	256	$47.9632	Disposed	1687	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-05	Employee share option (right to buy)	$20.00	M	4900	Disposed	2018-12-14	Ordinary shares, no par value (4900)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee share option (right to buy)	$62.24	2020-06-03	Ordinary shares, no par value (2507)	2507	Direct
Employee share option (right to buy)	$94.45	2021-06-02	Ordinary shares, no par value (1063)	1063	Direct
Restricted share units	$0		Ordinary shares, no par value (1990)	1990	Direct
Restricted share units	$0		Ordinary shares, no par value (2506)	2506	Direct
Restricted share units	$0		Ordinary shares, no par value (5956)	5956	Direct

Footnotes

F1: The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $48.02-$48.03. Upon request of the SEC staff, the Company or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold at each separate price.

F2: Immediately exerciseable.

F3: Granted on June 3, 2013 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (as amended and restated, the "Incentive Plan"). 75% of these share options are immediately exercisable. The remaining unvested share options will vest on June 3, 2017, subject to grantee's continued employment with the Company through the vesting date

F4: Granted on June 2, 2014 pursuant to the Incentive Plan. 50% of these share options are immediately exercisable. The remaining unvested share options will vest 50% each year on June 2, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.

F5: Granted on June 15, 2015 pursuant to the Incentive Plan. 25% of these securities are immediately exercisable. The remaining unvested securities will vest 25% each year on June 15, 2017, 2018, and 2019, respectively, subject to grantee's continued employment with the Company through the vesting date.

F6: The RSUs do not expire.

F7: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.

F8: Granted on June 15, 2016 pursuant to the Incentive Plan. These securities vest 25% each year on June 15, 2017, 2018, 2019, and 2020, respectively, subject to grantee's continued employment with the Company through the vesting date.

F9: Granted on November 1, 2016 pursuant to the Incentive Plan . These securities vest 25% each year on November 1, 2017, 2018, 2019, and 2020, respectively, subject to grantee's continued employment with the Company through the vesting date.