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
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(Print or Type Responses)
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 (Month/Day/Year)
06/12/2018
(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 06/12/2018   M   150,000 A $ 2.6316 534,143 (1) D  
Ordinary shares, no par value 06/12/2018   S(2)   16,320 D $ 66.8295 (3) 517,823 (1) D  
Ordinary shares, no par value 06/12/2018   S(2)   41,694 D $ 67.9438 (4) 476,129 (1) D  
Ordinary shares, no par value 06/12/2018   S(2)   91,986 D $ 68.7737 (5) 384,143 (1) D  
Ordinary shares, no par value               1,300,000 I Held by John D. Idol 2017 GRAT
Ordinary shares, no par value               150,000 I Held by John D. Idol 2013 GRAT #1
Ordinary shares, no par value               150,000 I Held by John D. Idol 2013 GRAT #2

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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) $ 2.6316 06/12/2018   M     150,000   (6) 02/18/2020 Ordinary shares, no par value 150,000 $ 2.6316 128,523 D  
Employee share option (right to buy) $ 5               (6) 03/25/2021 Ordinary shares, no par value 456,000   456,000 D  
Employee share option (right to buy) $ 62.24               (6) 06/03/2020 Ordinary shares, no par value 84,219   84,219 D  
Employee share option (right to buy) $ 49.88               (7) 06/15/2023 Ordinary shares, no par value 14,503   14,503 D  
Restricted share units $ 0               (7)   (8) Ordinary shares, no par value 6,014 (9)   6,014 D  
Employee share option (right to buy) $ 47.1               (10) 06/15/2022 Ordinary shares, no par value 107,604   107,604 D  
Restricted share units $ 0               (10)   (8) Ordinary shares, no par value 31,846 (9)   31,846 D  
Employee share option (right to buy) $ 94.45               (6) 06/02/2021 Ordinary shares, no par value 89,316   89,316 D  

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   06/14/2018
**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) This amount excludes 85,000 ordinary shares, no par value, held by the Idol Family Foundation. The reporting person may be deemed to have beneficial ownership of the shares held by the Idol Family Foundation but does not have a pecuinary interest in such shares.
(2) 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").
(3) The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $66.30 to $67.28. 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.
(4) The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $67.30 to $68.295. 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 $68.30 to $69.0075. 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) Immediately exercisable.
(7) 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.
(8) The RSUs do not expire.
(9) Settlement of this award will be satisfied through the issuance of one ordinary share for each vested RSU.
(10) 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.

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