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Capri Holdings Ltd — Director's Dealing 2017
Jun 20, 2017
31557_dirs_2017-06-19_60953d99-e5ff-4aa9-a96e-3df4ac1ec58d.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: Kors Michael David (Director, Hon Chair & Chief Creative Off)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-06-15 | Ordinary shares, no par value | M | 15924 | — | Acquired | 4329622 | Direct |
| 2017-06-15 | Ordinary shares, no par value | F | 8910 | $34.68 | Disposed | 4320712 | Direct |
| 2017-06-15 | Ordinary shares, no par value | M | 2005 | — | Acquired | 4322717 | Direct |
| 2017-06-15 | Ordinary shares, no par value | F | 1122 | $34.68 | Disposed | 4321595 | Direct |
| 2017-06-15 | Ordinary shares, no par value | M | 3185 | — | Acquired | 25634 | Indirect |
| 2017-06-15 | Ordinary shares, no par value | F | 1413 | $34.68 | Disposed | 24221 | Indirect |
| 2017-06-15 | Ordinary shares, no par value | M | 2506 | — | Acquired | 26727 | Indirect |
| 2017-06-15 | Ordinary shares, no par value | F | 1112 | $34.68 | Disposed | 25615 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-06-15 | Restricted share units | $0 | M | 15924 | Disposed | Ordinary shares, no par valuw (15924) | Direct | |
| 2017-06-15 | Restricted share units | $0 | M | 2005 | Disposed | Ordinary shares, no par value (2005) | Direct | |
| 2017-06-15 | Restricted share units | $0 | M | 3185 | Disposed | Ordinary shares, no par value (3185) | Indirect | |
| 2017-06-15 | Restricted share units | $0 | M | 2506 | Disposed | Ordinary shares, no par value (2506) | Indirect | |
| 2017-06-15 | Restricted share units | $0 | A | 14418 | Acquired | Ordinary shares, no par value (14418) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary shares, no par value | 95000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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) | $47.10 | 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) | $94.45 | 2021-06-02 | Ordinary shares, no par value (5104) | 5104 | Indirect |
| Employee share option (right to buy) | $2.6316 | 2018-04-16 | Ordinary shares, no par value (246590) | 246590 | Indirect |
| Employee share option (right to buy) | $2.6316 | 2020-10-25 | Ordinary shares, no par value (165765) | 165765 | Indirect |
| Employee share option (right to buy) | $20.00 | 2018-12-14 | Ordinary shares, no par value (387597) | 387597 | Direct |
| Employee share option (right to buy) | $20.00 | 2018-12-14 | Ordinary share, no par value (38760) | 38760 | Indirect |
| Employee share option (right to buy) | $62.24 | 2020-06-03 | Ordinary shares, no par value (84219) | 84219 | Direct |
| Employee share option (right to buy) | $62.24 | 2020-06-03 | Ordinary shares, no par value (12031) | 12031 | Indirect |
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 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 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.
F8: 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.
F9: Immediately exercisable.