Capri Holdings Ltd — Director's Dealing 2018

Jun 20, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2018-06-15

Reporting Person: McDonough Krista A (SVP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-15	Ordinary shares, no par value	M	663	—	Acquired	3727	Direct
2018-06-15	Ordinary shares,no par value	F	226	$67.52	Disposed	3501	Direct
2018-06-15	Ordinary shares, no par value	M	627	—	Acquired	4128	Direct
2018-06-15	Ordinary shares, no par value	F	216	$67.52	Disposed	3912	Direct
2018-06-15	Ordinary shares, no par value	M	1154	—	Acquired	5066	Direct
2018-06-15	Ordinary shares, no par value	F	297	$67.52	Disposed	4669	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-15	Restricted share units	$0	M	663	Disposed		Ordinary shares, no par value (663)	Direct
2018-06-15	Restricted share units	$0	M	627	Disposed		Ordinary shares, no par value (627)	Direct
2018-06-15	Restricted share units	$0	M	1154	Disposed		Ordinary shares, no par value (1154)	Direct
2018-06-15	Restricted share units	$0	A	10960	Acquired		Ordinary shares, no par value (10960)	Direct
2018-06-15	Employee share option (right to buy)	$67.52	A	4900	Acquired	2025-06-15	Ordinary shares, no par value (4900)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$0		Ordinary shares, no par value (4467)	4467	Direct
Employee share option (right to buy)	$34.68	2024-06-15	Ordinary shares, no par value (6885)	6885	Direct
Employee share option (right to buy)	$62.24	2020-06-03	Ordinary shares, no par value (2507)	2507	Direct
Employee share option (right to buy)	$94.45	2021-06-02	Ordinary shares, no par value (1063)	1063	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. 75% of these securities are immediately exercisable. The remaining unvested securities will vest on June 15, 2019, 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 IMichael Kors Holdings Limited Amended and Restated 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 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 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.

F9: Granted on November 1, 2016 pursuant to the Incentive Plan. These securities vest 25% each year on November 1, 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.

F10: Immediately exerciseable.