PVH CORP. /DE/ — Director's Dealing 2004

Jun 16, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHILLIPS VAN HEUSEN CORP /DE/ (PVH)
CIK: 0000078239
Period of Report: 1984-02-14

Reporting Person: KLATSKY BRUCE J (Director, Chairman and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-06-15	Option (Right to Buy)	$18.75	A	309940	Acquired	2011-04-11	Common Stock, $1 par value (309940)	Direct

Footnotes

F1: All options exercisable for shares of Issuer's Common Stock, $1 par value.

F2: Options to acquire 50% of shares exercisable if the closing price of Issuer's Common Stock averages $22.50 or higher for any 20 consecutive trading days prior to 04/11/11. Options to acquire an additional 25% of shares exercisable if the closing price of Issuer's Common Stock averages $25.00 or higher for any 20 consecutive trading days prior to 04/11/11. Options to acquire the remaining 25% of shares exercisable if the closing price of Issuer's Common Stock averages $27.50 or higher for any 20 consecutive trading days prior to 04/11/11.

F3: Grant was made 04/12/04 as part of a larger grant of options to purchase 1.509,940 shares under the Issuer's 2003 Stock Option Plan. The grant with respect to the 309,940 shares covered by this Form 4 was contingent upon stockholder approval to said Stock Option Plan. Approval was granted on 06/15/04.