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Capri Holdings Ltd — Director's Dealing 2018
May 3, 2018
31557_dirs_2018-05-03_ddcecc4e-5cf1-4861-8fca-6cefd985f267.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: 2018-05-01
Reporting Person: Edwards Thomas Jr. (EVP, CFO, COO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-01 | Ordinary shares, no par value | M | 20425 | — | Acquired | 20425 | Direct |
| 2018-05-01 | Ordinary shares, no par value | F | 8334 | $66.40 | Disposed | 12091 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-01 | Restricted share units | $0 | M | 20425 | Disposed | Ordinary shares, no par value (20425) | Direct |
Footnotes
F1: Represents 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 May 1, 2017 pursuant to the Michael Kors Holdings Limited Amended and Restated Incentive Plan. These securities vest 25% each year on May 1, 2018, 2019, 2020 and 2021, 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.