Fossil Group, Inc. — Director's Dealing 2011

Mar 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FOSSIL INC (FOSL)
CIK: 0000883569
Period of Report: 2011-03-15

Reporting Person: KOVAR MIKE (Executive V.P. and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-15	Common Stock	F	1304	—	Disposed	20642	Direct
2011-03-15	Common Stock	A	2896	—	Acquired	23538	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-15	Stock Appreciation Right	$81.23	A	6933	Acquired	2019-03-15	Common Stock (6933)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$18.41	2014-02-19	Common Stock (4000)	4000	Direct
Stock Appreciation Right	$31.24	2015-06-01	Common Stock (8000)	8000	Direct
Stock Appreciation Right	$30.71	2016-03-15	Common Stock (10800)	10800	Direct
Stock Appreciation Right	$13.65	2017-03-15	Common Stock (6000)	6000	Direct
Stock Appreciation Right	$38.395	2018-03-15	Common Stock (11579)	11579	Direct

Footnotes

F1: Restricted Stock Units

F2: After giving effect to the grant of restricted stock units reported herein, includes 591 shares of restricted stock, 14,131 restricted stock units, 762 shares held in a personal IRA account and 1,259 shares held through a 401(k) plan account as of December 31, 2010.

F3: Exercisable as to 1/3 on 3/15/12; as to 1/3 on 3/15/13; and as to 1/3 on 3/15/14, cumulatively.

F4: Not applicable.