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 *

IDOL JOHN D
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)
Chairman & CEO
(Last)          (First)          (Middle)

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

2/13/2018
(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   2/13/2018     M    100000   A $20.00   1787546   D    
Ordinary shares, no par value   2/13/2018     S (1)    40362   D $61.6337   (2) 1747184   D    
Ordinary shares, no par value   2/13/2018     S (1)    59138   D $62.2971   (3) 1688046   D    
Ordinary shares, no par value   2/13/2018     S (1)    500   D $62.9360   (4) 1687546   D    
Ordinary shares, no par value   2/14/2018     M    50000   A $20.00   1737546   D    
Ordinary shares, no par value   2/14/2018     S (1)    28600   D $62.3447   (5) 1708946   D    
Ordinary shares, no par value   2/14/2018     S (1)    21400   D $63.2069   (6) 1687546   D    
Ordinary shares, no par value                  95000   I   Held by the Idol Family Foundation  
Ordinary shares, no par value                  150000   I   Held by John D. Idol 2013 GRAT #1  
Ordinary shares, no par value                  150000   I   Held by John D. Idol 2013 GRAT #2  

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   2/13/2018     M         100000      (7) 12/14/2018   Ordinary shares, no par value   100000   $20.00   287097   D    
Employee share option (right to buy)   $20.00   2/14/2018     M         50000      (7) 12/14/2018   Ordinary shares, no par value   50000   $20.00   237097   D    
Employee share option (right to buy)   $49.88                      (8) 6/15/2023   Ordinary shares, no par value   14503     14503   D    
Restricted share units   $0                      (8)   (9) Ordinary shares, no par value   6014   (10)   6014   D    
Employee share option (right to buy)   $47.10                      (11) 6/15/2022   Ordinary shares, no par value   107604     107604   D    
Restricted share units   $0                      (11)   (9) Ordinary shares, no par value   31846   (10)   31846   D    
Employee share option (right to buy)   $2.6316                      (7) 2/18/2020   Ordinary shares, no par value   491426     491426   D    
Employee share option (right to buy)   $94.45                      (12) 6/2/2021   Ordinary shares, no par value   89316     89316   D    
Employee share option (right to buy)   $5.00                      (7) 3/25/2021   Ordinary shares, no par value   456000     456000   D    
Employee share option (right to buy)   $62.24                      (7) 6/3/2020   Ordinary shares, no par value   84219     84219   D    

Explanation of Responses:
(1)  These shares were sold pursuant to a Rule 10b5-1 trading plan. The 10b5-1 trading plan was put in place by the reporting person for estate planning purposes and may result in additional future share sales. The reporting person expects to retain a significant ownership interest in Michael Kors Holdings Limited (the "Company").
(2)  The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $60.93 to $61.92. Upon request of the staff of the U.S. Securities and Exchange Commission (the "SEC"), 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.
(3)  The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $61.93 to $62.92. Upon request of the staff of the SEC, 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.
(4)  The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $62.93 to $62.96. Upon request of the staff of the SEC, 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.
(5)  The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $61.95 to $62.94. Upon request of the staff of the SEC, 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.
(6)  The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $62.96 to $63.46. Upon request of the staff of the SEC, 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.
(7)  Immediately exercisable.
(8)  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 unless the grantee is retirement eligible.
(9)  The RSUs do not expire.
(10)  Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
(11)  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.
(12)  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
IDOL JOHN D
33 KINGSWAY
LONDON, X0 WC2B 6UF
X
Chairman & CEO

Signatures
/s/ Krista A. McDonough, as Attorney-in-Fact for John D. Idol 2/15/2018
** 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.
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