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Michael Kors Holdings Ltd 4

Accession 0001530721-13-000078

$CPRICIK 0001530721operating
View on SEC.govCompany Profile

Filed

Dec 17, 7:00 PM ET

Accepted

Dec 18, 4:28 PM ET

Size

10.0 KB

Accession

0001530721-13-000078

Insider Transaction Report

Form 4
Period: 2013-10-01
Michael Kors Holdings LtdKORS
Russell Britton
SVP, Global Operations
Transactions
  • Sale

    Ordinary shares, no par value

    2013-10-01$75.14/sh−403$30,280→ 4,120 total
Holdings

  • Employee share option (right to buy)

    Exercise: $52.90Exp: 2019-10-01→ Ordinary shares, no par value (6,726 underlying)
    6,726

  • Employee share option (right to buy)

    Exercise: $62.24Exp: 2020-06-03→ Ordinary shares, no par value (4,211 underlying)
    4,211

  • Performance-based restricted share units

    Exercise: $0.00→ Ordinary shares, no par value (1,446 underlying)
    0
Footnotes (5)
  • [F1]Represents shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares.
  • [F2]Granted pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan") on October 1, 2012. 25% of these share options are fully vested and exercisable. Of the remaining unvested share options one-third will vest on October 1, 2014, 2015 and 2016, respectively, subject to grantee's continued employment with the Company through the vesting date.
  • [F3]Granted pursuant to the Incentive Plan on June 3, 2013. 25% of these share options will vest annually on each of June 3, 2014, 2015, 2016 and 2017, respectively, subject to grantee's continued employment with the Company through the vesting date.
  • [F4]Each performance-based restricted share unit ("PRSUs") represents a contingent right to receive one ordinary share of the Company. The PRSUs will cliff vest around June 2016 only upon achievement of a pre-established cumulative net earnings goal for the applicable three-year period (2014-2016), subject to the grantee's continued employment with the Company through the end of such performance period.
  • [F5]The number of ordinary shares earned with respect to such PRSUs will range from 0-150% of the shares originally subject to the award, depending on actual achievement.

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
Dec 17, 7:00 PM ET
Accepted
Dec 18, 4:28 PM ET
Size
10.0 KB
View on SEC.gov