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Form 4 Michael Kors Holdings For: Jun 15 Filed by: Kors Michael David

June 17, 2016 7:32 PM EDT
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Kors Michael David
(Last) (First) (Middle)
33 KINGSWAY
(Street)
LONDON X0 WC2B 6UF
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Michael Kors Holdings Ltd [ KORS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Hon Chair & Chief Creative Off
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 06/15/2016   M   15,924 (1) A $ 0 4,351,864 D  
Ordinary shares, no par value 06/15/2016   F   8,910 (2) D $ 49.88 4,342,954 D  
Ordinary shares, no par value 06/15/2015   M   3,185 (1) A $ 0 24,926 I Held by spouse
Ordinary shares, no par value 06/15/2016   F   1,413 (2) D $ 49.88 23,513 I Held by spouse
Ordinary shares, no par value               95,000 I Held by the Kors LePere Foundation
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Restricted share units $ 0 06/15/2016   M     15,924   (3)   (4) Ordinary shares, no par value 15,924 (5) $ 0 47,770 D  
Restricted share units $ 0 06/15/2016   M     3,185   (3)   (4) Ordinary shares, no par value 3,185 (5) $ 0 9,554 D  
Employee share option (right to buy) $ 49.88 06/15/2016   A   14,503     (6) 06/15/2023 Ordinary shares, no par value 14,503 $ 0 14,503 D  
Restricted share units $ 0 06/15/2016   A   8,019     (6)   (4) Ordinary shares, no par value 8,019 $ 0 8,019 D  
Restricted share units $ 0 06/15/2016   A   10,024     (6)   (4) Ordinary shares, no par value 10,024 $ 0 10,024 I Held by spouse
Employee share option (right to buy) $ 47.1               (3) 06/15/2022 Ordinary shares, no par value 107,604   107,604 D  
Employee share option (right to buy) $ 94.45               (7) 06/02/2021 Ordinary shares, no par value 89,316   89,316 D  
Employee share option (right to buy) $ 94.45               (7) 06/02/2021 Ordinary shares, no par value 5,104   5,104 I Held by spouse
Employee share option (right to buy) $ 2.6316               (8) 04/16/2018 Ordinary shares, no par value 246,590   246,590 I Held by spouse
Employee share option (right to buy) $ 2.6316               (8) 10/25/2020 Ordinary shares, no par value 165,765   165,765 I Held by spouse
Employee share option (right to buy) $ 20               (8) 12/14/2018 Ordinary shares, no par value 387,597   387,597 D  
Employee share option (right to buy) $ 20               (8) 12/14/2018 Ordinary share, no par value 38,760   38,760 I Held by spouse
Employee share option (right to buy) $ 62.24               (9) 06/03/2020 Ordinary shares, no par value 84,219   84,219 D  
Employee share option (right to buy) $ 62.24               (9) 06/03/2020 Ordinary shares, no par value 12,031   12,031 I Held by spouse
Explanation of Responses:
1. Respresents settlement of restricted share units ("RSUs") through the issuance of one ordinary share for each vested RSU.
2. Represents shares withheld by the Company to cover tax withholding obligations upon the vesting of RSUs.
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 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.
8. Immediately exercisable.
9. 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.
/s/ Krista A. McDonough, as Attorney-in-Fact for Michael Kors 06/17/2016
** Signature of Reporting Person 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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