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 *

Reitman Stephen F	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
_____ Officer (give title below)      _____ Other (specify below)	
(Last)          (First)          (Middle)

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

12/15/2014		
(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  	12/15/2014  	 	M	  	8400  	A	  (1)	9400  	D  	 	
Ordinary shares, no par value  	12/15/2014  	 	D	  	5400  	D	$76.97  	4000  	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					
Restricted share units  	$0  	12/15/2014  	 	M  	  	  	8400   	12/14/2012  	  (3)	Ordinary shares, no par value  	8400   (5)	$0  	0  	D  	 	
Restricted share units  	$0  	 	 	   	  	  	  	7/31/2015   (2)	  (3)	Ordinary shares, no par value  	1841   (5)	 	1841  	D  	 	
Restricted share units  	$0  	 	 	   	  	  	  	8/1/2014   (4)	  (3)	Ordinary shares, no par value  	2185   (5)	 	2185  	D  	 	
Restricted share units  	$0  	 	 	   	  	  	  	8/8/2013   (4)	  (3)	Ordinary shares, no par value  	3501   (5)	 	3501  	D  	 	

Explanation of Responses:	
(  1) 	Each restricted share unit ("RSU") was the economic equivalent of one ordinary share. On December 15, 2014, 5,400 of the RSUs were settled for cash, and the remaining 3,000 were settled for an equal number of ordinary shares.	
(  2) 	Granted pursuant to the Michael Kors Holdings Limited Omnibus Incentive Plan (the "Incentive Plan"). The RSUs vest on the earliest of: (1) the one year anniversary of the date of grant, or (2) the Company's annual shareholder meeting that occurs in the calendar year following the date of grant, and will be settled upon vesting unless the reporting person elects to defer settlement to a later date. If the reporting person's service with the Company terminates prior to the first anniversary of the date of grant, the RSUs will vest pro-rata based on the number of days from the date of grant through and including the date of the reporting person's termination of service. The RSUs will also vest in full in the event of the reporting person's death or disability.	
(  3) 	The RSUs do not expire.	
(  4) 	Settlement of this award was deferred in accordance with the terms of the Incentive Plan and the applicable award agreement.	
(  5) 	Settlement of this award may be satisfied through the issuance of one ordinary share or cash equal to the fair market value of one ordinary share for each vested RSU (as determined by the Compensation Committee of the Company in its sole discretion).	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
Reitman Stephen F
33 KINGSWAY
LONDON, X0 WC2B 6UF	X				

Signatures		
/s/ Krista A. McDonough, as Attorney-in-Fact for Stephen F. Reitman		12/17/2014	
** 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.	
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