Capri Holdings Ltd — Director's Dealing 2017

Nov 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2017-11-07

Reporting Person: IDOL JOHN D (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-07	Ordinary shares, no par value	M	500	$20.00	Acquired	1688046	Direct
2017-11-07	Ordinary shares, no par value	S	500	$55.118	Disposed	1687546	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-07	Employee share option (right to buy)	$20	M	500	Disposed	2018-12-14	Ordinary shares, no par value (500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary shares, no par value	95000	Indirect
Ordinary shares, no par value	150000	Indirect
Ordinary shares, no par value	150000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$0		Ordinary shares, no par value (31846)	31846	Direct
Restricted share units	$0		Ordinary shares, no par value (6014)	6014	Direct
Employee share option (right to buy)	$49.88	2023-06-15	Ordinary shares, no par value (14503)	14503	Direct
Employee share option (right to buy)	$47.1	2022-06-15	Ordinary shares, no par value (107604)	107604	Direct
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)	$2.6316	2020-02-18	Ordinary shares, no par value (491426)	491426	Direct
Employee share option (right to buy)	$5	2021-03-25	Ordinary shares, no par value (456000)	456000	Direct
Employee share option (right to buy)	$62.24	2020-06-03	Ordinary shares, no par value (84219)	84219	Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 trading plan.

F2: The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $55.03 to $55.18. 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.

F3: 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.

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, 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.

F7: 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.

F8: Immediately exercisable.