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Capri Holdings Ltd — Director's Dealing 2017
Jun 20, 2017
31557_dirs_2017-06-19_a1845f31-11d8-4a79-806a-5383445445b7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2017-06-15
Reporting Person: Parsons Joseph B. (EVP, CFO, COO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-06-15 | Ordinary shares, no par value | M | 3822 | — | Acquired | 50245 | Direct |
| 2017-06-15 | Ordinary shares, no par value | F | 1986 | $34.68 | Disposed | 48259 | Direct |
| 2017-06-15 | Ordinary shares, no par value | M | 2406 | — | Acquired | 50665 | Direct |
| 2017-06-15 | Ordinary shares, no par value | F | 1250 | $34.68 | Disposed | 49415 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-06-15 | Restricted share units | $0 | M | 3822 | Disposed | Ordinary shares, no par value (3822) | Direct | |
| 2017-06-15 | Restricted share units | $0 | M | 2406 | Disposed | Ordinary shares, no par value (2406) | Direct | |
| 2017-06-15 | Restricted share units | $0 | A | 34602 | Acquired | Ordinary shares, no par value (34602) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary shares, no par value | 94000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee share option (right to buy) | $5.00 | 2021-03-25 | Ordinary shares, no par value (228000) | 228000 | Direct |
| Employee share option (right to buy) | $49.88 | 2023-06-15 | Ordinary shares, no par value (17404) | 17404 | Direct |
| Employee share option (right to buy) | $47.10 | 2022-06-15 | Ordinary shares, no par value (25825) | 25825 | Direct |
| Employee share option (right to buy) | $94.45 | 2021-06-02 | Ordinary shares, no par value (21436) | 21436 | Direct |
| Employee share option (right to buy) | $20.00 | 2018-12-14 | Ordinary shares, no par value (67829) | 67829 | Direct |
| Employee share option (right to buy) | $62.24 | 2020-06-03 | Ordinary shares, no par value (25266) | 25266 | Direct |
Footnotes
F1: Respresents 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 vesting.
F3: Granted on June 15, 2015 pursuant to 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 Michael Kors Holdings Limited Amended and Restated Omnibus Incentive Plan (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 grantee is retirement eligible.
F7: 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 grantee is retirement eligible.
F8: Immediately exercisable.
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.