0000950142-16-003873.txt : 20160603
0000950142-16-003873.hdr.sgml : 20160603
20160603185211
ACCESSION NUMBER: 0000950142-16-003873
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160601
FILED AS OF DATE: 20160603
DATE AS OF CHANGE: 20160603
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Michael Kors Holdings Ltd
CENTRAL INDEX KEY: 0001530721
STANDARD INDUSTRIAL CLASSIFICATION: LEATHER & LEATHER PRODUCTS [3100]
IRS NUMBER: 000000000
FISCAL YEAR END: 0328
BUSINESS ADDRESS:
STREET 1: 33 KINGSWAY
CITY: LONDON
STATE: X0
ZIP: WC2B 6UF
BUSINESS PHONE: 44 207 632 8600
MAIL ADDRESS:
STREET 1: 33 KINGSWAY
CITY: LONDON
STATE: X0
ZIP: WC2B 6UF
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kors Michael David
CENTRAL INDEX KEY: 0001538861
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35368
FILM NUMBER: 161697113
MAIL ADDRESS:
STREET 1: C/O MICHAEL KORS (USA), INC.
STREET 2: 11 WEST 42ND STREET, ATTN. LEE SPORN
CITY: NEW YORK
STATE: NY
ZIP: 10036
4
1
es1600679_4-kors.xml
OWNERSHIP DOCUMENT
X0306
4
2016-06-01
0
0001530721
Michael Kors Holdings Ltd
KORS
0001538861
Kors Michael David
33 KINGSWAY
LONDON
X0
WC2B 6UF
UNITED KINGDOM
1
1
0
0
Hon Chair & Chief Creative Off
Ordinary shares, no par value
2016-06-01
4
M
0
43380
A
4365842
D
Ordinary shares, no par value
2016-06-01
4
F
0
20533
45.55
D
4345309
D
Ordinary shares, no par value
2016-06-02
4
F
0
3888
47.51
D
4341421
D
Ordinary shares, no par value
2016-06-02
4
F
0
529
47.51
D
25188
I
Held by spouse
Ordinary shares, no par value
95000
I
Held by the Kors LePere Foundation
Performance-based restricted share units
0
2016-06-01
4
M
0
28920
0
D
Ordinary shares, no par value
43380
0
D
Employee share option (right to buy)
47.10
2022-06-15
Ordinary shares, no par value
107604
107604
D
Restricted share unit
0
Ordinary shares, no par value
63694
63694
D
Restricted share unit
0
Ordinary shares, no par value
12739
12739
I
Held by spouse
Employee share option (right to buy)
94.45
2021-06-02
Ordinary shares, no par value
89316
89316
D
Employee share option (right to buy)
94.45
2021-06-02
Ordinary shares, no par value
5104
5104
I
Held by spouse
Employee share option (right to buy)
2.6316
2018-04-16
Ordinary shares, no par value
246590
246590
I
Held by spouse
Employee share option (right to buy)
2.6316
2020-10-25
Ordinary shares, no par value
165765
165765
I
Held by spouse
Employee share option (right to buy)
20
2018-12-14
Ordinary shares, no par value
387597
387597
D
Employee share option (right to buy)
20
2018-12-14
Ordinary shares, no par value
38760
38760
I
Held by spouse
Employee share option (right to buy)
62.24
2020-06-03
Ordinary shares, no par value
84219
84219
D
Employee share option (right to buy)
62.24
2020-06-03
Ordinary shares, no par value
12031
12031
I
Held by spouse
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.
Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of the PSRUs.
Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of restricted shares.
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.
The RSUs do not expire.
Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
Granted on June 2, 2014 pursuant to the Incentive Plan. 25% of these share options are immediately exercisable. The remaining unvested share options will 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.
Immediately exercisable.
Granted on October 25, 2010 pursuant to the Amended and Restated Michael Kors (USA), Inc. Stock Option Plan. These share options vest in full 10-years from the date of grant if the Company's shareholder net equity has increased by at least 20% per annum during such 10-year period. These share options may also vest on an accelerated basis if the pre-established annual performance goal (tied to annual divisional pre-tax profit) for the year has been met, in each case, subject to the grantee's continued employment with the Company through the vesting date. 129,178 share options are immediately exercisable. If the annual performance goal is attained for Fiscal 2016, then the remaining 36,587 unvested share options will vest on or about the date the audit of the financial statements of the Company for the fiscal year ended April 2, 2016 is completed.
Granted on June 3, 2013 pursuant to the Incentive Plan. 50% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 3, 2016 and 2017, respectively, subject to grantee's continued employment with the Company through the vesting date.
/s/ Krista A. McDonough, as Attorney-in-Fact for Michael David Kors
2016-06-03