Filing Details
- Accession Number:
- 0001530721-13-000078
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-12-18 16:28:13
- Reporting Period:
- 2013-10-01
- Filing Date:
- 2013-12-18
- Accepted Time:
- 2013-12-18 16:28:13
- 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 |
---|---|---|---|---|---|---|---|
1572712 | Britton Russell | C/O Michael Kors Ltd, Unit 1902, 19/F Tower 6, The Gateway, Harbour City Tsim Sha Tsi, Kowloon K3 | Svp, Global Operations | No | 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 | Disposition | 2013-10-01 | 403 | $75.14 | 4,120 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Ordinary Shares, No Par Value | Employee share option (right to buy) | $52.90 | 2019-10-01 | 6,726 | 6,726 | Direct | |
Ordinary Shares, No Par Value | Employee share option (right to buy) | $62.24 | 2020-06-03 | 4,211 | 4,211 | Direct | |
Ordinary Shares, No Par Value | Performance-based restricted share units | $0.00 | 1,446 | 0 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2019-10-01 | 6,726 | 6,726 | Direct |
2020-06-03 | 4,211 | 4,211 | Direct |
1,446 | 0 | Direct |
Footnotes
- Represents shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares.
- Granted pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan") on October 1, 2012. 25% of these share options are fully vested and exercisable. Of the remaining unvested share options one-third will vest on October 1, 2014, 2015 and 2016, respectively, subject to grantee's continued employment with the Company through the vesting date.
- Granted pursuant to the Incentive Plan on June 3, 2013. 25% of these share options will vest annually on each of June 3, 2014, 2015, 2016 and 2017, respectively, subject to grantee's continued employment with the Company through the vesting date.
- Each performance-based restricted share unit ("PRSUs") represents a contingent right to receive one ordinary share of the Company. The PRSUs will cliff vest around June 2016 only upon achievement of a pre-established cumulative net earnings goal for the applicable three-year period (2014-2016), subject to the grantee's continued employment with the Company through the end of such performance period.
- The number of ordinary shares earned with respect to such PRSUs will range from 0-150% of the shares originally subject to the award, depending on actual achievement.