Capri Holdings Ltd — Director's Dealing 2018

Mar 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Michael Kors Holdings Ltd (KORS)
CIK: 0001530721
Period of Report: 2018-03-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-02	Ordinary shares, no par value	M	246590	$2.6316	Acquired	272205	Indirect
2018-03-02	Ordinary shares, no par value	S	205438	$61.205	Disposed	66767	Indirect
2018-03-02	Ordinary shares, no par value	S	41152	$61.797	Disposed	25615	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-02	Employee share option (right to buy)	$2.6316	M	246590	Disposed	2018-04-08	Ordinary shares, no par value (246590)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary shares, no par value	4321595	Direct
Ordinary shares, no par value	95000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted share units	$0		Ordinary shares, no par value (31846)	31846	Direct
Restricted share units	$0		Ordinary shares, no par value (6014)	6014	Direct
Restricted share units	$0		Ordinary shares, no par value (6369)	6369	Indirect
Restricted share units	$0		Ordinary shares, no par value (7518)	7518	Indirect
Restricted share units	$0		Ordinary shares, no par value (14418)	14418	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)	$2.6316	2020-10-25	Ordinary shares, no par value (165765)	165765	Indirect
Employee share option (right to buy)	$20.00	2018-12-14	Ordinary shares, no par value (387597)	387597	Direct
Employee share option (right to buy)	$20.00	2018-12-14	Ordinary share, no par value (38760)	38760	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: The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $60.63 to $61.625. Upon request of the staff of the U.S. Securities and Exchange Commission (the "SEC"), Michael Kors Holdings Limited (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.

F2: The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $61.63 to $62.07. 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.

F3: Immediately exercisable.

F4: 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.

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, 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.

F8: 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.

F9: Granted on June 2, 2014 pursuant to the Incentive Plan. 75% of these share options are immediately exercisable. The remaining unvested share options will vest on June 2, 2018, subject to grantee's continued employment with the Company through the vesting date.