Sec Form 4 Filing - Meyran Pascale @ Michael Kors Holdings Ltd - 2017-06-02

Insider filing report for Changes in Beneficial Ownership

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The following is an SEC EDGAR document rendered as filed.

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Meyran Pascale
2. Issuer Name and Ticker or Trading Symbol
Michael Kors Holdings Ltd [ KORS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, Chief HR Officer
(Last)
(First)
(Middle)
33 KINGSWAY
3. Date of Earliest Transaction (MM/DD/YY)
06/02/2017
(Street)
LONDON, X0WC2B 6UF
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Ordinary shares, no par value 06/02/2017 M 5,420 A 10,101 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance-based restricted share units $ 0 06/02/2017 M 5,420 ( 2 ) ( 2 ) Ordinary shares, no par value 5,420 $ 0 0 D
Restricted share units $ 0 ( 3 ) ( 4 ) Ordinary shares, no par value 1,487 ( 5 ) 4,458 D
Employee share option (right to buy) $ 49.88 ( 6 ) 06/15/2023 Ordinary shares, no par value 7,252 7,252 D
Restricted share units $ 0 ( 6 ) ( 4 ) Ordinary shares, no par value 4,010 ( 5 ) 4,010 D
Employee share options (right to buy) $ 47.1 ( 3 ) 06/15/2022 Ordinary shares, no par value 10,043 10,043 D
Employee share options (right to buy) $ 71.66 ( 7 ) 10/01/2021 Ordinary shares, no par value 23,638 23,638 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Meyran Pascale
33 KINGSWAY
LONDON, X0WC2B 6UF
SVP, Chief HR Officer
Signatures
/s/ Krista A. McDonough, as Attorney-in-Fact for Pascale Meyran 06/06/2017
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents settlement of performance-based restricted share units ("PSRUs"). See footnote 2.
( 2 )Represents PRSUs granted to the reporting person on June 2, 2014. The PSRUs vested on June 2, 2017 upon achievement of a pre-established cumulative net earnings goal for the applicable period resulting in the reporting person earning 86.3% of the ordinary shares originally subject to the award.
( 3 )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.
( 4 )The RSUs do not expire.
( 5 )Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
( 6 )Granted on June 15, 2016 pursuant to the Incentive Plan. These securities vest 25% each year on June 15, 2017, 2018, 2019, and 2020, respectively, subject to grantee's continued employment with the Company through the vesting date.
( 7 )Granted on October 1, 2014 pursuant to the Incentive Plan. 25% of these securities vest annually on each of October 1, 2015, 2016, 2017 and 2018,respectively, subject to grantee's continued employment with the Company through the vesting date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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