FORM 5
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

                                                                                  

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kors Michael David

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

(Last)          (First)          (Middle)

C/O MICHAEL KORS (USA), INC.,  11 WEST 42ND STREET, ATTN. LEE SPORN

3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
4/1/2017 
(Street)

NEW YORK, NY 10036

(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Amount (A) or (D) Price
Ordinary shares, no par value   6/17/2016     G   (1) 10250   D $0   4327304   D    
Ordinary shares, no par value   6/17/2016     G   (1) 15150   D $0   4312154   D    
Ordinary shares, no par value                 23513   I   Held by spouse  
Ordinary shares, no par value                 95000   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 Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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/YYYY)
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 at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee share option (right to buy)   $49.88                   (2) 6/15/2023   Ordinary shares, no par value   14503     14503   D    
Restricted share units   $0                   (2)   (3) Ordinary shares, no par value   8019   (4)   8019   D    
Restricted share units   $0                   (2)   (3) Ordinary shares, no par value   10024   (4)   10024   I   Held by spouse  
Employee share option (right to buy)   $47.10                   (5) 6/15/2022   Ordinary shares, no par value   107604     107604   D    
Employee share option (right to buy)   $94.45                   (6) 6/2/2021   Ordinary shares, no par value   89316     89316   D    
Employee share option (right to buy)   $94.45                   (6) 6/2/2021   Ordinary shares, no par value   5104     5104   I   Held by spouse  
Employee share option (right to buy)   $2.6316                   (7) 4/16/2018   Ordinary shares, no par value   246590     246590   I   Held by spouse  
Employee share option (right to buy)   $2.6316                   (7) 10/25/2020   Ordinary shares, no par value   165765     165765   I   Held by spouse  
Employee share option (right to buy)   $20.00                   (7) 12/14/2018   Ordinary shares, no par value   387597     387597   D    
Employee share option (right to buy)   $20.00                   (7) 12/14/2018   Ordinary share, no par value   38760     38760   I   Held by spouse  
Employee share option (right to buy)   $62.24                   (8) 6/3/2020   Ordinary shares, no par value   84219     84219   D    
Employee share option (right to buy)   $62.24                   (8) 6/3/2020   Ordinary shares, no par value   12031     12031   I   Held by spouse  

Explanation of Responses:
(1)  Charitable gift.
(2)  Granted on June 15, 2016 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, 2017, 2018, 2019, and 2020, respectively, subject to grantee's continued employment with the Company through the vesting date.
(3)  The RSUs do not expire.
(4)  Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
(5)  Granted on June 15, 2015 pursuant to 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.
(6)  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.
(7)  Immediately exercisable.
(8)  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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Kors Michael David
C/O MICHAEL KORS (USA), INC.
11 WEST 42ND STREET, ATTN. LEE SPORN
NEW YORK, NY 10036
X
Hon Chair & Chief Creative Off

Signatures
/s/ Krista A. McDonough, as Attorney-in-Fact for Michael Kors 5/16/2017
** 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 control number.
Michael Kors Holdings Limited Ordinary Shares (delisted) (NYSE:KORS)
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