Michael Kors Holdings Ltd 4
4 · Michael Kors Holdings Ltd · Filed Sep 6, 2016
Insider Transaction Report
Form 4
Sporn Lee S.
SVP Bus Affairs, GC & Sec
Transactions
- Exercise/Conversion
Employee share option (right to buy)
2016-09-02−22,754→ 0 totalExercise: $20.00Exp: 2018-12-14→ Ordinary shares, no par value (22,754 underlying) - Exercise/Conversion
Employee share option (right to buy)
2016-09-02−3,587→ 10,760 totalExercise: $47.10Exp: 2022-06-15→ Ordinary shares, no par value (3,587 underlying) - Exercise/Conversion
Ordinary shares, no par value
2016-09-02$20.00/sh+22,754$455,080→ 40,707 total - Exercise/Conversion
Ordinary shares, no par value
2016-09-02$47.10/sh+3,587$168,948→ 44,294 total - Sale
Ordinary shares, no par value
2016-09-02$50.02/sh−26,341$1,317,556→ 17,953 total
Holdings
- 6,369
Restricted share units
Exercise: $0.00→ Ordinary shares, no par value (6,369 underlying) - 11,909
Employee share option (right to buy)
Exercise: $94.45Exp: 2021-06-02→ Ordinary shares, no par value (11,909 underlying) - 14,036
Employee share option (right to buy)
Exercise: $62.24Exp: 2020-06-03→ Ordinary shares, no par value (14,036 underlying)
Footnotes (7)
- [F1]The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $50.00 - $50.09. Upon request of the SEC staff, 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.
- [F2]Immediately exercisable.
- [F3]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.
- [F4]The RSUs do not expire.
- [F5]Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
- [F6]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.
- [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.