GUESS INC — Director's Dealing 2011

Jul 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GUESS INC (GES)
CIK: 0000912463
Period of Report: 2011-06-28

Reporting Person: MARCIANO MAURICE (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-28	Common Stock	S	141571	$41.64	Disposed	9012000	Indirect
2011-06-29	Common Stock	G	65000	—	Disposed	8947000	Indirect
2011-06-29	Common Stock	S	325000	$42.22	Disposed	1675000	Indirect
2011-06-30	Common Stock	S	75000	$42.37	Disposed	1600000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	112050	Direct
Common Stock	1164971	Indirect
Common Stock	2000000	Indirect
Common Stock	70	Indirect

Footnotes

F1: The reported price represents the weighted average price for shares sold in multiple transactions ranging from $41.62 to $41.71. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

F2: Securities are held by the Maurice Marciano Trust (2005 Restatement), a revocable trust of which the reporting person is the sole trustee and sole beneficiary and has the exclusive pecuniary interest.

F3: The reported price represents the weighted average price for shares sold in multiple transactions ranging from $42.01 to $42.28. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

F4: Shares are held by MNM Capital Holdings, LLC in accounts specifically allocated to trusts for the benefit of the reporting persons and his children.

F5: The reported price represents the weighted average price for shares sold in multiple transactions ranging from $42.10 to $42.75. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

F6: Shares are held by Marciano Financial Holdings IV, LLC in accounts specifically allocated to trusts for the benefit of the reporting person and his children.

F7: Securities are held by Next Step Capital LLC, of which the reporting person has sole investment power and exclusive pecuniary interest.

F8: Shares are held by Maurice Marciano Gift Trust FBO Caroline Marciano, of which the reporting person is the sole trustee.