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GUESS INC Director's Dealing 2010

Mar 24, 2010

32343_dirs_2010-03-24_8a22549c-5d2f-4e71-905b-1f994738875f.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: 2010-03-22

Reporting Person: Relich Michael (SVP & CIO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-03-22 Common Stock M 5000 $8.68 Acquired 24329 Direct
2010-03-22 Common Stock M 1700 $18.10 Acquired 26029 Direct
2010-03-22 Common Stock M 5000 $22.03 Acquired 31029 Direct
2010-03-22 Common Stock S 11700 $46.5001 Disposed 19329 Direct
2010-03-23 Common Stock M 2325 $41.12 Acquired 21654 Direct
2010-03-23 Common Stock M 2300 $41.71 Acquired 23954 Direct
2010-03-23 Common Stock S 4625 $48.305 Disposed 19329 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-03-22 Employee Stock Option (right to buy) $8.68 M 5000 Disposed 2015-06-20 Common Stock (5000) Direct
2010-03-22 Employee Stock Option (right to buy) $18.10 M 1700 Disposed 2016-03-06 Common Stock (1700) Direct
2010-03-22 Employee Stock Option (right to buy) $22.03 M 5000 Disposed 2019-04-14 Common Stock (5000) Direct
2010-03-23 Employee Stock Option (right to buy) $41.12 M 2325 Disposed 2017-03-19 Common Stock (2325) Direct
2010-03-23 Employee Stock Option (right to buy) $41.71 M 2300 Disposed 2018-04-03 Common Stock (2300) Direct

Footnotes

F1: The reported price represents the weighted average price for shares sold in multiple transactions ranging from $46.50 to $46.51. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

F2: The option vested in four equal installments on each December 31 of 2005, 2006, 2007 and 2008.

F3: Not Applicable.

F4: The option vested in four equal installments on each January 1 of 2007, 2008, 2009 and 2010.

F5: The option vests in four equal installments on each December 31 of 2009, 2010, 2011 and 2012.

F6: The reported price represents the weighted average price for shares sold in multiple transactions ranging from $48.30 to $48.3066. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

F7: The option vests in four equal installments on each January 31 of 2008, 2009, 2010 and 2011.

F8: The option vests in four equal installments on each December 31 of 2008, 2009, 2010 and 2011.