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Filing Details

Accession Number:
0001530721-18-000104
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-10-11 16:53:33
Reporting Period:
2018-10-09
Accepted Time:
2018-10-11 16:53:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1530721 Michael Kors Holdings Ltd KORS Leather & Leather Products (3100) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1538861 David Michael Kors 33 Kingsway
London X0 WC2B 6UF
Hon Chair & Chief Creative Off Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares, No Par Value Acquisiton 2018-10-09 53,597 $20.00 4,377,196 No 4 M Direct
Ordinary Shares, No Par Value Disposition 2018-10-09 124,162 $67.56 4,253,034 No 4 S Direct
Ordinary Shares, No Par Value Disposition 2018-10-09 42,838 $68.28 4,210,196 No 4 S Direct
Ordinary Shares, No Par Value Acquisiton 2018-10-09 12,920 $20.00 42,255 No 4 M Indirect Held by spouse
Ordinary Shares, No Par Value Disposition 2018-10-09 9,720 $67.54 32,535 No 4 S Indirect Held by spouse
Ordinary Shares, No Par Value Disposition 2018-10-09 3,200 $68.29 29,335 No 4 S Indirect Held by spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Indirect Held by spouse
No 4 S Indirect Held by spouse
No 4 S Indirect Held by spouse
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares, No Par Value Employee share option (right to buy) Disposition 2018-10-09 53,597 $20.00 53,597 $20.00
Ordinary Share, No Par Value Employee share option (right to buy) Disposition 2018-10-09 12,920 $20.00 12,920 $20.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-12-14 No 4 M Direct
0 2018-12-14 No 4 M Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Ordinary Shares, No Par Value Restricted share units $0.00 15,923 15,923 Direct
Ordinary Shares, No Par Value Restricted share units $0.00 4,009 4,009 Direct
Ordinary Shares, No Par Value Restricted share units $0.00 10,813 10,813 Indirect
Ordinary Shares, No Par Value Restricted share units $0.00 5,012 5,012 Indirect
Ordinary Shares, No Par Value Restricted share units $0.00 3,184 3,184 Indirect
Ordinary Shares, No Par Value Employee share option (right to buy) $67.52 2025-06-15 61,249 61,249 Direct
Ordinary Shares, No Par Value Restricted share units $0.00 44,431 44,431 Direct
Ordinary Shares, No Par Value Restricted share units $0.00 7,405 7,405 Indirect
Ordinary Shares, No Par Value Employee share option (right to buy) $2.63 2020-10-25 165,765 165,765 Indirect
Ordinary Shares, No Par Value Employee share option (right to buy) $49.88 2023-06-15 14,503 14,503 Direct
Ordinary Shares, No Par Value Employee share option (right to buy) $47.10 2022-06-15 107,604 107,604 Direct
Ordinary Shares, No Par Value Employee share option (right to buy) $94.45 2021-06-02 89,316 89,316 Direct
Ordinary Shares, No Par Value Employee share option (right to buy) $94.45 2021-06-02 5,104 5,104 Indirect
Ordinary Shares, No Par Value Employee share option (right to buy) $62.24 2020-06-03 84,219 84,219 Direct
Ordinary Shares, No Par Value Employee share option (right to buy) $62.24 2020-06-03 12,031 12,031 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
15,923 15,923 Direct
4,009 4,009 Direct
10,813 10,813 Indirect
5,012 5,012 Indirect
3,184 3,184 Indirect
2025-06-15 61,249 61,249 Direct
44,431 44,431 Direct
7,405 7,405 Indirect
2020-10-25 165,765 165,765 Indirect
2023-06-15 14,503 14,503 Direct
2022-06-15 107,604 107,604 Direct
2021-06-02 89,316 89,316 Direct
2021-06-02 5,104 5,104 Indirect
2020-06-03 84,219 84,219 Direct
2020-06-03 12,031 12,031 Indirect
Footnotes
  1. 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.
  2. 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").
  3. The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $67.05 to $68.04. 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.
  4. The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $68.05 to $68.615. 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.
  5. These shares were sold pursuant to a Rule 10b5-1 trading plan.
  6. The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $67.09 to $68.07. 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.
  7. The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $68.09 to $68.57. 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.
  8. Immediately exercisable.
  9. 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.
  10. The RSUs do not expire.
  11. Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
  12. 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.
  13. 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.
  14. 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.