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

May 16, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHILLIPS VAN HEUSEN CORP /DE/ (PVH)
CIK: 0000078239
Period of Report: 2006-05-15

Reporting Person: RUSSO VINCENT A (Vice President, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-15	Common Stock, par value $1	M	2500	$12.34	Acquired	27400	Direct
2006-05-15	Common Stock, par value $1	M	2500	$19.10	Acquired	29900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-15	Option (Right to Buy)	$12.34	M	2500	Disposed	2013-04-02	Common Stock, $1 par value. (2500)	Direct
2006-05-15	Option (Right to Buy)	$19.10	M	2500	Disposed	2014-04-27	Common Stock, $1 par value. (2500)	Direct

Footnotes

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

F2: Options became exercisable on 4/2/06.

F3: Options became exercisable on 4/27/06.