Capri Holdings Ltd — Director's Dealing 2016

Nov 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2016-11-04

Reporting Person: Freestone Robin Anthony David (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-04	Restricted share units	$0	A	2292	Acquired		Ordinary shares, no par value (2292)	Direct

Footnotes

F1: Granted pursuant to the Michael Kors Holdings Limited Amended and Restated Omnibus 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 vesting date, 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.