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
  1. 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").
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. Immediately exercisable.
  8. 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.
  9. The RSUs do not expire.
  10. Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
  11. 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.
  12. 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.