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Filing Details

Accession Number:: 0000950142-14-002424
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-12-09 20:35:02
Reporting Period:: 2014-12-05

Filing Date:: 2014-12-09
Accepted Time:: 2014-12-09 20:35:02
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
1570611	S. Lee Sporn	33 Kingsway London X0 WC2B 6UF	Svp Bus Affairs, Gc & Sec	No	Yes	No	No

Reported Non-Derivative Transactions

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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	2014-12-05	76,000	$5.00	96,403	No	4	M	Direct
Ordinary Shares, No Par Value	Disposition	2014-12-05	76,000	$76.63	20,403	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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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	2014-12-05	76,000	$0.00	76,000	$5.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
76,000		2021-03-25	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Ordinary Shares, No Par Value	Employee share option (right to buy)	$94.45	2021-06-02	11,909	11,909	Direct
Ordinary Shares, No Par Value	Employee share option (right to buy)	$20.00	2018-12-14	27,454	27,454	Direct
Ordinary Shares, No Par Value	Employee share option (right to buy)	$62.24	2020-06-03	14,036	14,036	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2021-06-02	11,909	11,909	Direct
2018-12-14	27,454	27,454	Direct
2020-06-03	14,036	14,036	Direct

Footnotes

The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $76.47 to $76.94. Upon request of the SEC staff, 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.
Granted on March 25, 2011 pursuant to the Amended and Restated Michael Kors (USA), Inc. Stock Option Plan. These share options vest in full 10-years from the date of grant if the Company's shareholder net equity has increased by at least 20% per annum during such 10-year period. These share options may also vest on an accelerated basis if the pre-established annual performance goal (tied to annual divisional pre-tax profit) for the year has been met, in each case, subject to the reporting person's continued employment with the Company through the vesting date. If the annual performance goal is attained for Fiscal 2015, then the 76,000 unvested share options will vest on or about the date the audit of the financial statements of the Company for the fiscal year ended March 28, 2015 is completed.
Granted on June 2, 2014 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). 25% of these securities vest annually on each of June 2, 2015, 2016, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.
Granted on December 14, 2011 pursuant to the Incentive Plan. 13,728 share options are fully vested and exercisable. Of the remaining unvested share options one-half will vest annually on each of December 14, 2014 and 2015, respectively, subject to grantee's continued employment with the Company through the vesting date.
Granted on June 3, 2013 pursuant to the Incentive Plan. 25% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 3, 2015, 2016 and 2017, respectively, subject to grantee's continued employment with the Company through the vesting date.