Michael Kors Holdings Ltd 4
4 · Michael Kors Holdings Ltd · Filed Jun 7, 2016
Insider Transaction Report
Form 4
Sporn Lee S.
SVP Bus Affairs, GC & Sec
Transactions
- Tax Payment
Ordinary shares, no par value
2016-06-03$48.45/sh−568$27,520→ 16,687 total
Holdings
- 14,347
Employee share option (right to buy)
Exercise: $47.10Exp: 2022-06-15→ Ordinary shares, no par value (14,347 underlying) - 8,493
Restricted share unit
Exercise: $0.00→ Ordinary shares, no par value (8,493 underlying) - 76,000
Employee share option (right to buy)
Exercise: $5.00Exp: 2021-03-25→ Ordinary shares, no par value (76,000 underlying) - 14,036
Employee share option (right to buy)
Exercise: $62.24Exp: 2020-06-03→ Ordinary shares, no par value (14,036 underlying) - 11,909
Employee share option (right to buy)
Exercise: $94.45Exp: 2021-06-02→ Ordinary shares, no par value (11,909 underlying) - 27,454
Employee share option (right to buy)
Exercise: $20.00Exp: 2018-12-14→ Ordinary shares, no par value (27,454 underlying)
Footnotes (7)
- [F1]Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of restricted shares.
- [F2]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.
- [F3]The RSUs do not expire.
- [F4]Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- [F5]Granted on June 2, 2014 pursuant to the Incentive Plan. 50% of these share options are immediately exercisable. The remaining unvested share options will vest 50% each year on June 2, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.
- [F6]Immediately exercisable.
- [F7]Granted on June 3, 2013 pursuant to the Incentive Plan. 75% of these share options are immediately exercisable. The remaining unvested share options will vest on June 3, 2017, subject to grantee's continued employment with the Company through the vesting date.