Capri Holdings Ltd — Director's Dealing 2016

Oct 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2016-06-15

Reporting Person: Meyran Pascale (SVP, Chief HR Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-15	Ordinary shares, no par value	M	1487	—	Acquired	8090	Direct
2016-06-15	Ordinary shares, no par value	F	660	$49.88	Disposed	7430	Direct
2016-06-16	Ordinary shares, no par value	S	1109	$48.9524	Disposed	6321	Direct
2016-06-17	Ordinary shares, no par value	S	827	$49.6497	Disposed	5494	Direct
2016-10-01	Ordinary shares, no par value	F	813	$46.44	Disposed	4681	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-15	Restricted share units	$0.00	M	1487	Disposed		Ordinary shares, no par value (1487)	Direct
2016-06-15	Employee share option (right to buy)	$49.88	A	7252	Acquired	2023-06-15	Ordinary shares, no par value (7252)	Direct
2016-06-15	Restricted share units	$0	A	4010	Acquired		Ordinary shares, no par value (4010)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee share options (right to buy)	$47.10	2022-06-15	Ordinary shares, no par value (10043)	10043	Direct
Employee share options (right to buy)	$71.66	2021-10-01	Ordinary shares, no par value (23638)	23638	Direct

Footnotes

F1: Represents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.

F2: Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of RSUs or restricted shares, as applicable.

F3: The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $48.9501 - $48.957. 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.

F4: Granted on June 15, 2015 pursuant to the Michael Kors Holdings Limited Amended and Restated Omnibus Incentive Plan (the "Incentive Plan"). These securities vest 25% each year on June 15, 2016, 2017, 2018, and 2019, respectively, subject to grantee's continued employment with the Company through the vesting date.

F5: The RSUs do not expire.

F6: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.

F7: 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.

F8: Granted on October 1, 2014 pursuant to the Incentive Plan. 25% of these securities vest annually on each of October 1, 2015, 2016, 2017 and 2018,
respectively, subject to grantee's continued employment with the Company through the vesting date.