Ownership Submission
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

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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
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)
33 KINGSWAY
3. Date of Earliest Transaction (Month/Day/Year)
12/14/2016
(Street)

LONDON, X0 WC2B 6UF
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 12/14/2016   G(1) V 5,400 D $ 0 4,337,554 D  
Ordinary shares, no par value               23,513 I Held by spouse
Ordinary shares, no par value               95,000 I Held by the Kors LePere Foundation

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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. SEC 1474 (9-02)

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 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
Employee share option (right to buy) $ 49.88               (2) 06/15/2023 Ordinary shares, no par value 14,503   14,503 D  
Restricted share units $ 0               (2)   (3) Ordinary shares, no par value 8,019 (4)   8,019 D  
Restricted share units $ 0               (2)   (3) Ordinary shares, no par value 10,024 (4)   10,024 I Held by spouse
Employee share option (right to buy) $ 47.1               (5) 06/15/2022 Ordinary shares, no par value 107,604   107,604 D  
Employee share option (right to buy) $ 94.45               (6) 06/02/2021 Ordinary shares, no par value 89,316   89,316 D  
Employee share option (right to buy) $ 94.45               (6) 06/02/2021 Ordinary shares, no par value 5,104   5,104 I Held by spouse
Employee share option (right to buy) $ 2.6316               (7) 04/16/2018 Ordinary shares, no par value 246,590   246,590 I Held by spouse
Employee share option (right to buy) $ 2.6316               (7) 10/25/2020 Ordinary shares, no par value 165,765   165,765 I Held by spouse
Employee share option (right to buy) $ 20               (7) 12/14/2018 Ordinary shares, no par value 387,597   387,597 D  
Employee share option (right to buy) $ 20               (7) 12/14/2018 Ordinary share, no par value 38,760   38,760 I Held by spouse
Employee share option (right to buy) $ 62.24               (8) 06/03/2020 Ordinary shares, no par value 84,219   84,219 D  
Employee share option (right to buy) $ 62.24               (8) 06/03/2020 Ordinary shares, no par value 12,031   12,031 I Held by spouse

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Kors Michael David
33 KINGSWAY
LONDON, X0 WC2B 6UF
  X     Hon Chair & Chief Creative Off  

Signatures

 /s/ Krista A. McDonough, as Attorney-in-Fact for Michael Kors   12/16/2016
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Charitable gift.
(2) 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.
(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 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.
(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.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.