PVH CORP. /DE/ — Director's Dealing 2005

May 12, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHILLIPS VAN HEUSEN CORP /DE/ (PVH)
CIK: 0000078239
Period of Report: 2005-05-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-09	Common Stock, par value $1	M	169700	$18.75	Acquired	169700	Direct
2005-05-09	Common Stock, par value $1	M	37500	$13.40	Acquired	207200	Direct
2005-05-09	Common Stock, par value $1	M	37500	$14.92	Acquired	244700	Direct
2005-05-09	Common Stock, par value $1	M	16800	$12.34	Acquired	261500	Direct
2005-05-09	Common Stock, par value $1	S	204400	$27.50	Disposed	57100	Direct
2005-05-09	Common Stock, par value $1	S	26700	$27.51	Disposed	30400	Direct
2005-05-09	Common Stock, par value $1	S	24100	$27.52	Disposed	6300	Direct
2005-05-09	Common Stock, par value $1	S	6300	$27.53	Disposed	0	Direct
2005-05-10	Common Stock, par value $1	M	20700	$12.34	Acquired	20700	Direct
2005-05-10	Common Stock, par value $1	S	20700	$27.50	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-05-09	Option (Right to Buy)	$18.75	M	169700	Disposed	2011-04-11	Common Stock, $1 par value (169700)	Direct
2005-05-09	Option (Right to Buy)	$13.40	M	37500	Disposed	2011-03-26	Common Stock, $1 par value (37500)	Direct
2005-05-09	Option (Right to Buy)	$14.92	M	37500	Disposed	2012-04-22	Common Stock, $1 par value (37500)	Direct
2005-05-09	Option (Right to Buy)	$12.34	M	16800	Disposed	2013-04-02	Common Stock, $1 par value (16800)	Direct
2005-05-10	Option (Right to Buy)	$12.34	M	20700	Disposed	2013-04-02	Common Stock, par value $1 (20700)	Direct

Footnotes

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

F2: Options became exercisable on 2/18/05.

F3: Options became exercisable on 3/26/05.

F4: Options to acquire 37,500 shares became exercisable on 4/22/05 and options to acquire a further 37,500 shares will become exercisable on 4/22/06.

F5: Options became exercisable on 4/22/05 and options to acquire a further 37,500 shares will become exercisable on each of 4/2/06 and 4/2/07.