Filing Details

Accession Number:
0001530721-18-000102
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-10-11 16:48:15
Reporting Period:
2018-10-10
Accepted Time:
2018-10-11 16:48:15
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 2018-10-10 6,076 $5.00 415,943 No 4 M Direct
Ordinary Shares, No Par Value Disposition 2018-10-10 6,076 $65.26 409,867 No 4 S Direct
Ordinary Shares, No Par Value Disposition 2018-10-10 300 $65.27 149,700 No 4 S Indirect Held by John D. Idol 2013 GRAT #1
Ordinary Shares, No Par Value Disposition 2018-10-10 300 $65.27 149,700 No 4 S Indirect Held by John D. Idol 2013 GRAT #2
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Indirect Held by John D. Idol 2013 GRAT #1
No 4 S Indirect Held by John D. Idol 2013 GRAT #2
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 2018-10-10 6,076 $5.00 6,076 $5.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
128,447 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
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
  1. This amount excludes 54,600 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.
  2. 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").
  3. The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $65.00 to $65.62. 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 $65.14 to $65.53. 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. Immediately exercisable.
  6. 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.
  7. The RSUs do not expire.
  8. Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
  9. 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.
  10. 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.