Capri Holdings Ltd — Director's Dealing 2018

Aug 17, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2018-08-15

Reporting Person: Kors Michael David (Director, Hon Chair & Chief Creative Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-15	Ordinary shares, no par value	M	167000	$20.00	Acquired	4490599	Direct
2018-08-15	Ordinary shares, no par value	S	157500	$71.2949	Disposed	4333099	Direct
2018-08-15	Ordinary shares, no par value	S	9500	$72.2290	Disposed	4323599	Direct
2018-08-15	Ordinary shares, no par value	M	12920	$20.00	Acquired	42255	Indirect
2018-08-15	Ordinary shares, no par value	S	12520	$71.3002	Disposed	29735	Indirect
2018-08-15	Ordinary shares, no par value	S	400	$72.3175	Disposed	29335	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-15	Employee share option (right to buy)	$20.00	M	167000	Disposed	2018-12-14	Ordinary shares, no par value (167000)	Direct
2018-08-15	Employee share option (right to buy)	$20.00	M	12920	Disposed	2018-12-14	Ordinary share, no par value (12920)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$0		Ordinary shares, no par value (15923)	15923	Direct
Restricted share units	$0		Ordinary shares, no par value (4009)	4009	Direct
Restricted share units	$0		Ordinary shares, no par value (10813)	10813	Indirect
Restricted share units	$0		Ordinary shares, no par value (5012)	5012	Indirect
Restricted share units	$0		Ordinary shares, no par value (3184)	3184	Indirect
Employee share option (right to buy)	$67.52	2025-06-15	Ordinary shares, no par value (61249)	61249	Direct
Restricted share units	$0		Ordinary shares, no par value (44431)	44431	Direct
Restricted share units	$0		Ordinary shares, no par value (7405)	7405	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)	$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)	$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: This amount excludes 95,000 ordinary shares, no par value, held by the Kors LePere Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Kors LePere Foundation but does not have a pecuinary interest in such shares.

F2: These shares were sold pursuant to a Rule 10b5-1 trading plan. The 10b5-1 trading plan was put in place by the reporting person for estate planning purposes and may result in additional future share sales. The reporting person expects to retain a significant ownership interest in Michael Kors Holdings Limited (the "Company").

F3: The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $70.82 to $71.80. Upon request of the staff of the SEC, 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.

F4: The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $71.83 to $72.71. Upon request of the staff of the SEC, 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.

F5: These shares were sold pursuant to a Rule 10b5-1 trading plan.

F6: The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $70.84 to $71.83. Upon request of the staff of the SEC, 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.

F7: The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $71.95 to $72.71. Upon request of the staff of the SEC, 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.

F8: Immediately exercisable.

F9: 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.

F10: The RSUs do not expire.

F11: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.

F12: 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.

F13: 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.

F14: Granted on June 15, 2018 pursuant to the Incentive Plan. These securities vest 25% each year on June 15, 2019, 2020, 2021, and 2022, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.