GUESS INC — Director's Dealing 2010

Apr 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GUESS INC (GES)
CIK: 0000912463
Period of Report: 2010-03-29

Reporting Person: Relich Michael (SVP & CIO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-29	Employee Stock Option (right to buy)	$21.62	A	44600	Acquired	2018-10-30	Common Stock (44600)	Direct

Footnotes

F1: On October 30, 2008, the reporting person was granted an option to purchase 44,600 shares of common stock. The option was scheduled to vest in four equal installments subject to the satisfaction of certain performance criteria for the fiscal year ended January 30, 2010. Since the performance criteria was met, the first 25% of the award vested March 29, 2010, with the remaining three installments scheduled to vest on October 30 of 2010, 2011 and 2012.