PVH CORP. /DE/ — Director's Dealing 2006

Nov 28, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHILLIPS VAN HEUSEN CORP /DE/ (PVH)
CIK: 0000078239
Period of Report: 2006-11-27

Reporting Person: Shaffer Michael A (Executive VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-27	Common Stock, par value $1	M	2500	$14.92	Acquired	2500	Direct
2006-11-27	Common Stock, par value $1	M	2500	$12.34	Acquired	5000	Direct
2006-11-27	Common Stock, par value $1	S	5000	$49.12	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-27	Options (Right to Buy)	$14.92	A	2500	Acquired	2012-04-22	Common Stock, $1 par value (2500)	Direct
2006-11-27	Options (Right to Buy)	$12.34	A	2500	Acquired	2013-04-02	Common Stock, $1 par value (2500)	Direct

Footnotes

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

F2: Options to acquire 2,500 shares became exercisable on 4/22/06.

F3: Options to acquire 2,500 shares became exercisable on 4/02/06.