Filing Details
- Accession Number:
- 0001530721-18-000090
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-08-15 16:48:37
- Reporting Period:
- 2018-08-14
- Accepted Time:
- 2018-08-15 16:48:37
- 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 | 2018-08-14 | 150,000 | $5.00 | 559,867 | No | 4 | M | Direct | |
Ordinary Shares, No Par Value | Disposition | 2018-08-14 | 16,500 | $71.77 | 543,367 | No | 4 | S | Direct | |
Ordinary Shares, No Par Value | Disposition | 2018-08-14 | 34,700 | $72.93 | 508,667 | No | 4 | S | Direct | |
Ordinary Shares, No Par Value | Disposition | 2018-08-14 | 98,800 | $73.59 | 409,867 | 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 |
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 | 2018-08-14 | 150,000 | $5.00 | 150,000 | $5.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
284,523 | 2021-03-25 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Ordinary Shares, No Par Value | 1,300,000 | Indirect | Held by John D. Idol 2017 GRAT |
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 | 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 | 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 | 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) | $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 |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
15,923 | 15,923 | Direct | |
4,009 | 4,009 | Direct | |
2025-06-15 | 61,249 | 61,249 | Direct |
44,431 | 44,431 | Direct | |
2020-06-03 | 84,219 | 84,219 | Direct |
2023-06-15 | 14,503 | 14,503 | Direct |
2022-06-15 | 107,604 | 107,604 | Direct |
2021-06-02 | 89,316 | 89,316 | Direct |
Footnotes
- This amount excludes 65,000 ordinary shares, no par value, held by the Idol Family Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Idol Family Foundation but does not have a pecuinary interest in such shares.
- 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 $71.25 to $72.20. 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 $72.275 to $73.27. 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 $73.28 to $74.07. 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.
- Immediately exercisable.
- 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 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, 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.
- 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.