Ownership Submission
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

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: 3235-0362
Expires: January 31, 2005
Estimated average burden hours per response... 1.0

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. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
03/28/2015
(Street)


LONDON, X0 WC2B 6UF
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year
(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 09/10/2014   G(1) 1,335 D $ 0 4,340,270 D  
Ordinary shares, no par value 12/12/2014   G(1) 3,250 D $ 0 4,337,020 D  
Ordinary shares, no par value             25,717 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 2270 (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 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) $ 94.45             (2) 06/02/2021 Ordinary shares, no par value
89,316
  89,316
D
 
Employee share option (right to buy) $ 94.45             (2) 06/02/2021 Ordinary shares, no par value
5,104
  5,104
I
Held by spouse
Employee share option (right to buy) $ 62.24             (3) 06/03/2020 Ordinary shares, no par value
84,219
  84,219
D
 
Employee share option (right to buy) $ 62.24             (3) 06/03/2020 Ordinary shares, no par value
12,031
  12,031
I
Held by spouse
Employee share option (right to buy) $ 20             (4) 12/14/2018 Ordinary shares, no par value
387,597
  387,597
D
 
Employee share option (right to buy) $ 2.6316             (5) 04/16/2018 Ordinary shares, no par value
246,590
  246,590
I
Held by spouse
Employee share option (right to buy) $ 2.6316             (6) 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
38,760
  38,760
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 04/09/2015
**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 2, 2014 pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). 25% of these securities vest annually on each of June 2, 2015, 2016, 2017 and 2018, respectively, subject to grantee's continued employment with the Company through the vesting date.
(3) Granted on June 3, 2013 pursuant to the Incentive Plan. 25% of these share options are immediately exercisable. The remaining unvested share options will vest 25% each year on June 3, 2015, 2016 and 2017, respectively, subject to grantee's continued employment with the Company through the vesting date.
(4) Granted on December 14, 2011 pursuant to the Incentive Plan. 290,698 share options are immediately exercisable. The remaining 98,889 unvested share options will vest on December 14, 2015, subject to grantee's continued employment with the Company through the vesting date.
(5) Immediately exercisable.
(6) Granted on October 25, 2010 pursuant to the Amended and Restated Michael Kors (USA), Inc. Stock Option Plan. These share options vest in full 10 years from the date of grant if the Company's shareholder net equity has increased by at least 20% per annum during such 10-year period. These share options may also vest on an accelerated basis if the pre-established annual performance goal (tied to annual divisional pre-tax profit) for the year has been met, in each case, subject to the grantee's continued employment with the Company through the vesting date. 110,510 share options are immediately exercisable. If the annual performance goal is attained for Fiscal 2015, then the remaining 55,255 unvested share options will vest on or about the date the audit of the financial statements of the Company for the fiscal year ended March 28, 2015 is completed.
(7) Granted on December 14, 2011 pursuant to the Incentive Plan. 29,070 share options are immediately exercisable. The remaining 9,690 unvested share options will vest on December 14, 2015, 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 provided 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.