Fossil Group, Inc. — Director's Dealing 2011

May 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FOSSIL INC (FOSL)
CIK: 0000883569
Period of Report: 2011-05-19

Reporting Person: QUICK MARK (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-19	Common Stock	S	14115	$105.00	Disposed	47299	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$22.63	2015-02-01	Common Stock (4000)	4000	Direct
Stock Appreciation Right	$31.24	2015-06-01	Common Stock (12000)	12000	Direct
Stock Appreciation Right	$30.71	2016-03-15	Common Stock (12000)	12000	Direct
Stock Appreciation Right	$13.65	2017-03-15	Common Stock (18000)	18000	Direct
Stock Appreciation Right	$38.395	2018-03-15	Common Stock (17612)	17612	Direct
Stock Appreciation Right	$81.23	2019-03-15	Common Stock (16424)	16424	Direct

Footnotes

F1: Includes 1,471 shares of restricted stock, 43,555 restricted stock units and 2,166 shares held through a 401(k) plan account as of March 31, 2011.