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: IDOL JOHN D (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-15	Ordinary shares, no par value	M	15923	—	Acquired	400066	Direct
2018-06-15	Ordinary shares, no par value	F	7798	$67.52	Disposed	392268	Direct
2018-06-15	Ordinary shares, no par value	M	2005	—	Acquired	394273	Direct
2018-06-15	Ordinary shares, no par value	F	982	$67.52	Disposed	393291	Direct
2018-06-15	Ordinary shares, no par value	A	32484	—	Acquired	425775	Direct
2018-06-15	Ordinary shares, no par value	F	15908	$67.52	Disposed	409867	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-15	Restricted share units	$0	M	15923	Disposed		Ordinary shares, no par value (15923)	Direct
2018-06-15	Restricted share units	$0	M	2005	Disposed		Ordinary shares, no par value (2005)	Direct
2018-06-15	Employee share option, right to buy	$67.52	A	61249	Acquired	2025-06-15	Ordinary shares, no par value (61249)	Direct
2018-06-15	Restricted share units	$0	A	44431	Acquired		Ordinary shares, no par value (44431)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary shares, no par value	1300000	Indirect
Ordinary shares, no par value	150000	Indirect
Ordinary shares, no par value	150000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee share option (right to buy)	$2.6316	2020-02-18	Ordinary shares, no par value (128523)	128523	Direct
Employee share option (right to buy)	$5.00	2021-03-25	Ordinary shares, no par value (456000)	456000	Direct
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)	$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

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: Represents shares acquired upon vesting of performance-based restricted share units.

F4: This amount excludes 85,000 ordinary shares, no par value, held by the Idol Family Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Idol Family Foundation but does not have a pecuinary interest in such shares.

F5: 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 unless the grantee is retirement eligible.

F6: The RSUs do not expire.

F7: Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.

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 unless the grantee is retirement eligible.

F9: 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.

F10: Immediately exercisable.