Filing Details
- Accession Number:
- 0001530721-18-000009
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-15 16:02:55
- Reporting Period:
- 2018-02-13
- Accepted Time:
- 2018-02-15 16:02:55
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1530721 | Michael Kors Holdings Ltd | KORS | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1040543 | D John Idol | 33 Kingsway London X0 WC2B 6UF | Chairman & Ceo | 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 | 2018-02-13 | 100,000 | $20.00 | 1,787,546 | No | 4 | M | Direct | |
| Ordinary Shares, No Par Value | Disposition | 2018-02-13 | 40,362 | $61.63 | 1,747,184 | No | 4 | S | Direct | |
| Ordinary Shares, No Par Value | Disposition | 2018-02-13 | 59,138 | $62.30 | 1,688,046 | No | 4 | S | Direct | |
| Ordinary Shares, No Par Value | Disposition | 2018-02-13 | 500 | $62.94 | 1,687,546 | No | 4 | S | Direct | |
| Ordinary Shares, No Par Value | Acquisiton | 2018-02-14 | 50,000 | $20.00 | 1,737,546 | No | 4 | M | Direct | |
| Ordinary Shares, No Par Value | Disposition | 2018-02-14 | 28,600 | $62.34 | 1,708,946 | No | 4 | S | Direct | |
| Ordinary Shares, No Par Value | Disposition | 2018-02-14 | 21,400 | $63.21 | 1,687,546 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
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 | 2018-02-13 | 100,000 | $20.00 | 100,000 | $20.00 |
| Ordinary Shares, No Par Value | Employee share option (right to buy) | Disposition | 2018-02-14 | 50,000 | $20.00 | 50,000 | $20.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 287,097 | 2018-12-14 | No | 4 | M | Direct | |
| 237,097 | 2018-12-14 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Ordinary Shares, No Par Value | 95,000 | Indirect | Held by the Idol Family Foundation |
| Ordinary Shares, No Par Value | 150,000 | Indirect | Held by John D. Idol 2013 GRAT #1 |
| Ordinary Shares, No Par Value | 150,000 | Indirect | Held by John D. Idol 2013 GRAT #2 |
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) | $49.88 | 2023-06-15 | 14,503 | 14,503 | Direct | |
| Ordinary Shares, No Par Value | Restricted share units | $0.00 | 6,014 | 6,014 | 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 | Restricted share units | $0.00 | 31,846 | 31,846 | Direct | ||
| Ordinary Shares, No Par Value | Employee share option (right to buy) | $2.63 | 2020-02-18 | 491,426 | 491,426 | 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) | $5.00 | 2021-03-25 | 456,000 | 456,000 | Direct | |
| Ordinary Shares, No Par Value | Employee share option (right to buy) | $62.24 | 2020-06-03 | 84,219 | 84,219 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2023-06-15 | 14,503 | 14,503 | Direct |
| 6,014 | 6,014 | Direct | |
| 2022-06-15 | 107,604 | 107,604 | Direct |
| 31,846 | 31,846 | Direct | |
| 2020-02-18 | 491,426 | 491,426 | Direct |
| 2021-06-02 | 89,316 | 89,316 | Direct |
| 2021-03-25 | 456,000 | 456,000 | Direct |
| 2020-06-03 | 84,219 | 84,219 | Direct |
Footnotes
- 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").
- The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $60.93 to $61.92. Upon request of the staff of the U.S. Securities and Exchange Commission (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.
- The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $61.93 to $62.92. 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.
- The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $62.93 to $62.96. 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.
- The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $61.95 to $62.94. 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.
- The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $62.96 to $63.46. 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.
- Immediately exercisable.
- Granted on June 15, 2016 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, 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.
- The RSUs do not expire.
- Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- Granted on June 15, 2015 pursuant to 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.
- 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.
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