Statement of Changes in Beneficial Ownership (4)
11 Oktober 2018 - 10:55PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Kors Michael David
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2. Issuer Name
and
Ticker or Trading Symbol
Michael Kors Holdings Ltd
[
KORS
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Hon Chair & Chief Creative Off
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(Last)
(First)
(Middle)
33 KINGSWAY
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3. Date of Earliest Transaction
(MM/DD/YYYY)
10/9/2018
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(Street)
LONDON, X0 WC2B 6UF
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Ordinary shares, no par value
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10/9/2018
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M
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53597
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A
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$20.00
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4377196
(1)
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D
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Ordinary shares, no par value
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10/9/2018
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S
(2)
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124162
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D
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$67.5580
(3)
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4253034
(1)
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D
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Ordinary shares, no par value
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10/9/2018
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S
(2)
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42838
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D
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$68.2783
(4)
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4210196
(1)
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D
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Ordinary shares, no par value
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10/9/2018
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M
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12920
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A
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$20.00
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42255
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I
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Held by spouse
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Ordinary shares, no par value
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10/9/2018
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S
(5)
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9720
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D
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$67.5373
(6)
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32535
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I
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Held by spouse
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Ordinary shares, no par value
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10/9/2018
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S
(5)
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3200
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D
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$68.2880
(7)
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29335
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I
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Held by spouse
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Employee share option (right to buy)
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$20.00
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10/9/2018
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M
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53597
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(8)
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12/14/2018
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Ordinary shares, no par value
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53597
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$20
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0
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D
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Employee share option (right to buy)
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$20.00
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10/9/2018
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M
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12920
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(8)
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12/14/2018
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Ordinary share, no par value
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12920
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$20
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0
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I
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Held by spouse
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Restricted share units
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$0
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(9)
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(10)
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Ordinary shares, no par value
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15923
(11)
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15923
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D
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Restricted share units
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$0
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(12)
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(10)
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Ordinary shares, no par value
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4009
(11)
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4009
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D
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Restricted share units
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$0
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(13)
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(10)
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Ordinary shares, no par value
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10813
(11)
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10813
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I
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Held by spouse
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Restricted share units
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$0
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(12)
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(10)
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Ordinary shares, no par value
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5012
(11)
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5012
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I
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Held by spouse
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Restricted share units
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$0
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(9)
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(10)
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Ordinary shares, no par value
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3184
(11)
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3184
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I
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Held by spouse
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Employee share option (right to buy)
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$67.52
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(14)
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6/15/2025
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Ordinary shares, no par value
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61249
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61249
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D
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Restricted share units
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$0
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(14)
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(10)
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Ordinary shares, no par value
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44431
(11)
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44431
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D
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Restricted share units
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$0
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(14)
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(10)
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Ordinary shares, no par value
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7405
(11)
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7405
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I
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Held by spouse
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Employee share option (right to buy)
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$2.6316
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(8)
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10/25/2020
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Ordinary shares, no par value
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165765
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165765
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I
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Held by spouse
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Employee share option (right to buy)
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$49.88
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(12)
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6/15/2023
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Ordinary shares, no par value
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14503
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14503
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D
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Employee share option (right to buy)
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$47.10
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(9)
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6/15/2022
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Ordinary shares, no par value
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107604
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107604
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D
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Employee share option (right to buy)
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$94.45
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(8)
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6/2/2021
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Ordinary shares, no par value
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89316
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89316
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D
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Employee share option (right to buy)
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$94.45
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(8)
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6/2/2021
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Ordinary shares, no par value
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5104
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5104
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I
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Held by spouse
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Employee share option (right to buy)
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$62.24
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(8)
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6/3/2020
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Ordinary shares, no par value
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84219
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84219
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D
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Employee share option (right to buy)
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$62.24
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(8)
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6/3/2020
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Ordinary shares, no par value
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12031
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12031
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I
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Held by spouse
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Explanation of Responses:
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(1)
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This amount excludes 95,000 ordinary shares, no par value, held by the Kors LePere Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Kors LePere Foundation but does not have a pecuinary interest in such shares.
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(2)
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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").
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(3)
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The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $67.05 to $68.04. 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.
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(4)
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The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $68.05 to $68.615. 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.
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(5)
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These shares were sold pursuant to a Rule 10b5-1 trading plan.
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(6)
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The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $67.09 to $68.07. 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.
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(7)
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The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $68.09 to $68.57. 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.
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(8)
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Immediately exercisable.
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(9)
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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.
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(10)
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The RSUs do not expire.
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(11)
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Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
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(12)
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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.
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(13)
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Granted on June 15, 2017 pursuant to the Incentive Plan. These securities vest 25% each year on June 15, 2018, 2019, 2020, and 2021, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
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(14)
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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.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Kors Michael David
33 KINGSWAY
LONDON, X0 WC2B 6UF
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X
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Hon Chair & Chief Creative Off
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Signatures
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/s/ Krista A. McDonough, as Attorney-in-Fact for Michael Kors
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10/11/2018
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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