4/A//SEC Filing
Michael Kors Holdings Ltd 4/A
Accession 0001530721-16-000118
$CPRICIK 0001530721operating
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 7:40 PM ET
Size
19.3 KB
Accession
0001530721-16-000118
Insider Transaction Report
Form 4/AAmended
Sporn Lee S.
SVP Bus Affairs, GC & Sec
Transactions
- Exercise/Conversion
Performance-based restricted share units
2016-06-01+4,820→ 0 totalExercise: $0.00→ Ordinary shares, no par value (7,230 underlying) - Exercise/Conversion
Ordinary shares, no par value
2016-06-01+7,230→ 20,556 total - Tax Payment
Ordinary shares, no par value
2016-06-01$45.55/sh−2,898$132,004→ 17,658 total - Tax Payment
Ordinary shares, no par value
2016-06-02$47.51/sh−375$17,816→ 17,283 total
Holdings
- 14,347
Employee share option (right to buy)
Exercise: $47.10Exp: 2022-06-15→ Ordinary shares, no par value (14,347 underlying) - 76,000
Employee share option (right to buy)
Exercise: $5.00Exp: 2021-03-25→ Ordinary shares, no par value (76,000 underlying) - 8,493
Restricted share unit
Exercise: $0.00→ Ordinary shares, no par value (8,493 underlying) - 27,454
Employee share option (right to buy)
Exercise: $20.00Exp: 2018-12-14→ Ordinary shares, no par value (27,454 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)
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]The Form 4, as originally filed, has been amended because it incorrectly overstated the number of shares withheld to cover taxes.
- [F3]Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of restricted shares or restricted share units.
- [F4]Granted on June 15, 2015 pursuant to the Michael Kors Holdings Limited 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.
- [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 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 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
Issuer
Michael Kors Holdings Ltd
CIK 0001530721
Entity typeoperating
IncorporatedVirgin Islands, British
Related Parties
1- filerCIK 0001530721
Filing Metadata
- Form type
- 4/A
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 7:40 PM ET
- Size
- 19.3 KB