Capri Holdings Ltd — Director's Dealing 2017

Nov 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2017-11-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-17	Ordinary shares, no par value	M	7500	$20	Acquired	10647	Direct
2017-11-17	Ordinary shares, no par value	S	7500	$55.9335	Disposed	3147	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-17	Employee share option (right to buy)	$20.00	M	7500	Disposed	2018-12-14	Ordinary shares, no par value (7500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$0		Ordinary shares, no par value (4467)	4467	Direct
Restricted share units	$0		Ordinary shares, no par value (1327)	1327	Direct
Restricted share units	$0		Ordinary shares, no par value (1879)	1879	Direct
Employee share option (right to buy)	$34.68	2024-06-15	Ordinary shares, no par value (6885)	6885	Direct
Restricted share units	$0		Ordinary shares, no par value (4614)	4614	Direct
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

Footnotes

F1: The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $55.75 to $56.23. Upon request of the staff of the Securities and Exchange Commission, Michael Kors Holdings Limited (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 November 1, 2016 pursuant to the Michael Kors Holdings Limited Amended and Restated Incentive Plan (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 unless the grantee is retirement eligible.

F4: The RSUs do not expire.

F5: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.

F6: Granted on June 15, 2015 pursuant to the Incentive Plan. 50% of these securities are immediately exercisable. The remaining unvested securities will vest 25% each year on June 15, 2018, and 2019, respectively, subject to grantee's continued employment with the Company through the vesting date.

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 unless the grantee is retirement eligible.

F8: Granted on June 15, 2017 pursuant to the Incentive Plan. These securities vest 25% each year on June 15, 2018, 2019, 2020, and 2021, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.

F9: Granted on June 2, 2014 pursuant to the Incentive Plan. 75% of these share options are immediately exercisable. The remaining unvested share options will vest on June 2, 2018, subject to grantee's continued employment with the Company through the vesting date.