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INTERPARFUMS INC Director's Dealing 2011

May 17, 2011

31321_dirs_2011-05-17_ece3e54b-22a7-4547-a384-91915459a1e5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTER PARFUMS INC (IPAR)
CIK: 0000822663
Period of Report: 2011-05-13

Reporting Person: SANTI PHILIPPE (Director, CFO Inter Parfums SA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-13	Common Stock	M	3000	$13.103	Acquired	3000	Direct
2011-05-13	Common Stock	S	1500	$20	Disposed	1500	Direct
2011-05-13	Common Stock	S	1480	$20.07	Disposed	20	Direct
2011-05-13	Common Stock	S	20	$20.06	Disposed	0	Direct
2011-05-16	Common Stock	M	3000	$13.103	Acquired	3000	Direct
2011-05-16	Common Stock	S	1000	$20.78	Disposed	2000	Direct
2011-05-16	Common Stock	S	1000	$20.77	Disposed	1000	Direct
2011-05-16	Common Stock	S	1000	$20.76	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-13	Option-right to buy	$13.103	M	1500	Disposed	2012-12-14	Common Stock (1500)	Direct
2011-05-13	Option-right to buy	$13.103	M	1500	Disposed	2012-12-14	Common Stock (1500)	Direct
2011-05-16	Option-right to buy	$13.103	M	1500	Disposed	2012-12-14	Common Stock (1500)	Direct
2011-05-16	Option-right to buy	$13.103	M	1500	Disposed	2012-12-14	Common Stock (1500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option-right to buy	$13.103	2012-12-14	Common Stock (1500)	1500	Direct
Option-right to buy	$11.297	2014-02-13	Common Stock (12750)	12750	Direct
Option-right to buy	$15.62	2016-03-28	Common Stock (600)	600	Direct
Option-right to buy	$15.62	2016-03-28	Common Stock (600)	600	Direct
Option-right to buy	$15.62	2016-03-28	Common Stock (600)	600	Direct
Option-right to buy	$15.62	2016-03-28	Common Stock (600)	600	Direct
Option-right to buy	$15.62	2016-03-28	Common Stock (600)	600	Direct
Option-right to buy	$19.025	2016-12-30	Common Stock (600)	600	Direct
Option-right to buy	$19.025	2016-12-30	Common Stock (600)	600	Direct
Option-right to buy	$19.025	2016-12-30	Common Stock (600)	600	Direct
Option-right to buy	$19.025	2016-12-30	Common Stock (600)	600	Direct
Option-right to buy	$19.025	2016-12-30	Common Stock (600)	600	Direct