4//SEC Filing
Benedetto M William 4
Accession 0001530721-18-000070
CIK 0001530721other
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 4:33 PM ET
Size
11.6 KB
Accession
0001530721-18-000070
Insider Transaction Report
Form 4
Benedetto M William
Director
Transactions
- Tax Payment
Ordinary shares, no par value
2018-08-01$65.76/sh−988$64,971→ 17,789 total - Award
Restricted share units
2018-08-01+2,281→ 2,281 totalExercise: $0.00→ Ordinary shares, no par value (2,281 underlying) - Exercise/Conversion
Ordinary shares, no par value
2018-08-01+4,115→ 18,777 total - Exercise/Conversion
Restricted share units
2018-08-01−4,115→ 0 totalExercise: $0.00From: 2018-08-01→ Ordinary shares, no par value (4,115 underlying)
Footnotes (5)
- [F1]Restricted share units ("RSUs") converted into ordinary shares of the Company on a one-for-one basis upon vesting.
- [F2]Represents shares withheld by the Company to cover tax withholding obligations upon vesting.
- [F3]The RSUs do not expire.
- [F4]Granted pursuant to the Michael Kors Holdings Limited Amended and Restated Omnibus Incentive Plan. The RSUs vest on the earliest of: (1) the one year anniversary of the date of grant (August 1, 2019), or (2) the Company's annual shareholder meeting that occurs in the calendar year following the date of grant, and will be settled upon vesting unless the reporting person elects to defer settlement to a later date. If the reporting person's service with the Company terminates prior to the first anniversary of the date of grant, the RSUs will vest pro-rata based on the number of days from the date of grant through and including the date of the reporting person's termination of service. The RSUs will also vest in full in the event of the reporting person's death or disability.
- [F5]Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
Documents
Issuer
Michael Kors Holdings Ltd
CIK 0001530721
Entity typeother
Related Parties
1- filerCIK 0001420042
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 4:33 PM ET
- Size
- 11.6 KB