Capri Holdings Ltd — Director's Dealing 2017

Jun 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2017-06-02

Reporting Person: Robinson Cathy Marie (SVP, Corp Str & Ch Ops Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-02	Ordinary shares, no par value	M	8224	—	Acquired	25437	Direct
2017-06-02	Ordinary shares, no par value	F	3319	$33.05	Disposed	22118	Direct
2017-06-02	Ordinary shares, no par value	F	2243	$33.05	Disposed	19875	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-02	Performance-based restricted share units	$0	M	8224	Disposed		Ordinary shares, no par value (8224)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$0		Ordinary shares, no par value ()	23370	Direct
Restricted share units	$0		Ordinary shares, no par value (3822)	3822	Direct
Restricted share units	$0		Ordinary shares, no par value (4010)	4010	Direct
Employee share option (right to buy)	$47.10	2022-06-15	Ordinary shares, no par value (8608)	8608	Direct
Employee share option (right to buy)	$49.88	2023-06-15	Ordinary shares, no par value (7252)	7252	Direct

Footnotes

F1: Represents settlement of performance-based restricted share units ("PSRUs"). See footnote 3.

F2: Represents shares withheld by the Company to cover tax withholding obligations upon vesting.

F3: Represents PRSUs granted to the reporting person on June 2, 2014. The PSRUs vested on June 2, 2017 upon achievement of a pre-established cumulative net earnings goal for the applicable period resulting in the reporting person earning 86.3% of the ordinary shares originally subject to the award.

F4: Granted on September 1, 2015 pursuant to the Michael Kors Holdings Limited Amended and Restated Omnibus Incentive Plan (the "Incentive Plan"). These securities vest over three years on each anniversary of the date of the grant, 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, 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.

F8: 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.