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 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 *

McDonough Krista A
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, General Counsel
(Last)          (First)          (Middle)

33 KINGSWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

11/17/2017
(Street)

LONDON, X0 WC2B 6UF
(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)
Code V Amount (A) or (D) Price
Ordinary shares, no par value   11/17/2017     M    7500   A $20   10647   D    
Ordinary shares, no par value   11/17/2017     S    7500   D $55.9335   (1) 3147   D    

Table II - Derivative Securities 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 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 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
Employee share option (right to buy)   $20.00   11/17/2017     M         7500      (2) 12/14/2018   Ordinary shares, no par value   7500   $20.00   12100   D    
Restricted share units   $0                      (3)   (4) Ordinary shares, no par value   4467   (5)   4467   D    
Restricted share units   $0                      (6)   (4) Ordinary shares, no par value   1327   (5)   1327   D    
Restricted share units   $0                      (7)   (4) Ordinary shares, no par value   1879   (5)   1879   D    
Employee share option (right to buy)   $34.68                      (8) 6/15/2024   Ordinary shares, no par value   6885     6885   D    
Restricted share units   $0                      (8)   (4) Ordinary shares, no par value   4614   (5)   4614   D    
Employee share option (right to buy)   $62.24                      (2) 6/3/2020   Ordinary shares, no par value   2507     2507   D    
Employee share option (right to buy)   $94.45                      (9) 6/2/2021   Ordinary shares, no par value   1063     1063   D    

Explanation of Responses:
(1)  The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $55.75 to $56.23. Upon request of the staff of the Securities and Exchange Commission, Michael Kors Holdings Limited (the "Company") or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold at each separate price.
(2)  Immediately exerciseable.
(3)  Granted on November 1, 2016 pursuant to the Michael Kors Holdings Limited Amended and Restated Incentive Plan (the "Incentive Plan"). These securities vest 25% each year on November 1, 2017, 2018, 2019, and 2020, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
(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, 2015 pursuant to the Incentive Plan. 50% of these securities are immediately exercisable. The remaining unvested securities will vest 25% each year on June 15, 2018, and 2019, respectively, subject to grantee's continued employment with the Company through the vesting date.
(7)  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 unless the grantee is retirement eligible.
(8)  Granted on June 15, 2017 pursuant to the Incentive Plan. These securities vest 25% each year on June 15, 2018, 2019, 2020, and 2021, respectively, subject to grantee's continued employment with the Company through the vesting date unless the grantee is retirement eligible.
(9)  Granted on June 2, 2014 pursuant to the Incentive Plan. 75% of these share options are immediately exercisable. The remaining unvested share options will vest on June 2, 2018, 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
McDonough Krista A
33 KINGSWAY
LONDON, X0 WC2B 6UF


SVP, General Counsel

Signatures
/s/ Krista A. McDonough 11/20/2017
** 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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