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GUESS INC Director's Dealing 2008

Sep 26, 2008

32343_dirs_2008-09-26_101a01b1-a19d-45a0-9b8e-6e0caf8a16c1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GUESS INC (GES)
CIK: 0000912463
Period of Report: 2008-09-25

Reporting Person: KANE ALICE (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-09-25 Common Stock S 9000 $37.81 Disposed 10347 Direct
2008-09-25 Common Stock M 3750 $6.00 Acquired 14097 Direct
2008-09-25 Common Stock M 3750 $5.99 Acquired 17847 Direct
2008-09-25 Common Stock S 7500 $37.49 Disposed 10347 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-09-25 Stock Option (right to buy) $6.00 M 3750 Disposed 2014-01-02 Common Stock (3750) Direct
2008-09-25 Stock Option (right to buy) $5.99 M 3750 Disposed 2015-01-03 Common Stock (3750) Direct

Footnotes

F1: The price represents the weighted average price of sale at prices ranging from $37.28 to $38.07. The details of the amounts and prices will be provided to shareholders or the SEC on Request.

F2: The price represents the weighted average price of sale at prices ranging from $37.15 to $37.66. The details of the amounts and prices will be provided to shareholders or the SEC on Request.

F3: The option vested in four equal installments on January 2 of each 2005, 2006, 2007 and 2008.

F4: Not applicable.

F5: The option vests in four equal installments on January 3 of each 2006, 2007, 2008 and 2009.