Fossil Group, Inc. — Director's Dealing 2011

May 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FOSSIL INC (FOSL)
CIK: 0000883569
Period of Report: 2011-05-13

Reporting Person: QUICK MARK (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-13	Common Stock	S	10000	$106.0037	Disposed	47299	Direct
2011-05-13	Common Stock	M	4800	$18.41	Acquired	52099	Direct
2011-05-13	Common Stock	D	834	$18.41	Disposed	51265	Direct
2011-05-13	Common Stock	F	1446	—	Disposed	49819	Direct
2011-05-13	Common Stock	M	4000	$22.63	Acquired	53819	Direct
2011-05-13	Common Stock	D	854	$22.63	Disposed	52965	Direct
2011-05-13	Common Stock	F	1147	—	Disposed	51818	Direct
2011-05-13	Common Stock	M	6000	$30.71	Acquired	57818	Direct
2011-05-13	Common Stock	D	1739	$30.71	Disposed	56079	Direct
2011-05-13	Common Stock	F	1554	—	Disposed	54525	Direct
2011-05-13	Common Stock	M	6000	$13.65	Acquired	60525	Direct
2011-05-13	Common Stock	D	773	$13.65	Disposed	59752	Direct
2011-05-13	Common Stock	F	1906	—	Disposed	57846	Direct
2011-05-13	Common Stock	M	8807	$38.395	Acquired	66653	Direct
2011-05-13	Common Stock	D	3192	$38.395	Disposed	63461	Direct
2011-05-13	Common Stock	F	2047	—	Disposed	61414	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-13	Stock Appreciation Right	$18.41	M	4800	Disposed	2014-02-19	Common Stock (4800)	Direct
2011-05-13	Stock Appreciation Right	$22.63	M	4000	Disposed	2015-02-01	Common Stock (4000)	Direct
2011-05-13	Stock Appreciation Right	$30.71	M	6000	Disposed	2016-03-15	Common Stock (6000)	Direct
2011-05-13	Stock Appreciation Right	$13.65	M	6000	Disposed	2017-03-15	Common Stock (6000)	Direct
2011-05-13	Stock Appreciation Right	$38.395	M	8807	Disposed	2018-03-15	Common Stock (8807)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$31.24	2015-06-01	Common Stock (12000)	12000	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.

F2: Not applicable.