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4//SEC Filing

Michael Kors Holdings Ltd 4

Accession 0000950142-16-003875

$CPRICIK 0001530721operating
View on SEC.govCompany Profile

Filed

Jun 2, 8:00 PM ET

Accepted

Jun 3, 6:53 PM ET

Size

19.2 KB

Accession

0000950142-16-003875

Insider Transaction Report

Form 4
Period: 2016-06-01
Michael Kors Holdings LtdKORS
Sporn Lee S.
SVP Bus Affairs, GC & Sec
Transactions
  • Tax Payment

    Ordinary shares, no par value

    2016-06-01$45.55/sh−2,926$133,279→ 17,630 total
  • Exercise/Conversion

    Ordinary shares, no par value

    2016-06-01+7,230→ 20,556 total
  • Tax Payment

    Ordinary shares, no par value

    2016-06-02$47.51/sh−375$17,816→ 17,255 total
  • Exercise/Conversion

    Performance-based restricted share units

    2016-06-01−4,820→ 0 total
    Exercise: $0.00→ Ordinary shares, no par value (7,230 underlying)
Holdings

  • Employee share option (right to buy)

    Exercise: $5.00Exp: 2021-03-25→ Ordinary shares, no par value (76,000 underlying)
    76,000

  • Employee share option (right to buy)

    Exercise: $47.10Exp: 2022-06-15→ Ordinary shares, no par value (14,347 underlying)
    14,347

  • Employee share option (right to buy)

    Exercise: $94.45Exp: 2021-06-02→ Ordinary shares, no par value (11,909 underlying)
    11,909

  • Employee share option (right to buy)

    Exercise: $62.24Exp: 2020-06-03→ Ordinary shares, no par value (14,036 underlying)
    14,036

  • Restricted share unit

    Exercise: $0.00→ Ordinary shares, no par value (8,493 underlying)
    8,493

  • Employee share option (right to buy)

    Exercise: $20.00Exp: 2018-12-14→ Ordinary shares, no par value (27,454 underlying)
    27,454
Footnotes (9)
  • [F1]Represents performance-based restricted share units ("PSRUs") granted to the reporting person on June 3, 2013. The PSRUs vested on June 1, 2016 upon achievement of a pre-established cumulative net earnings goal for the applicable period resulting in the reporting person earning 150% of the shares originally subject to the award.
  • [F2]Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of the PSRUs.
  • [F3]Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of restricted shares.
  • [F4]Granted on June 15, 2015 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). These securities will 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.
  • [F5]The RSUs do not expire.
  • [F6]Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
  • [F7]Granted on June 2, 2014 pursuant to the Incentive Plan. 25% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 2, 2016, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.
  • [F8]Immediately exercisable.
  • [F9]Granted on June 3, 2013 pursuant to the Incentive Plan. 50% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 3, 2016 and 2017, respectively, subject to grantee's continued employment with the Company through the vesting date.

Documents

1 file

Issuer

Michael Kors Holdings Ltd

CIK 0001530721

→
Entity typeoperating
IncorporatedVirgin Islands, British

Related Parties

1
  • filerCIK 0001530721

Filing Metadata

Form type
4
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 6:53 PM ET
Size
19.2 KB
View on SEC.gov