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PVH CORP. /DE/ — Director's Dealing 2007
Apr 13, 2007
31157_dirs_2007-04-13_2f4c4077-0b1c-490b-b91e-ce7a15b59692.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PHILLIPS VAN HEUSEN CORP /DE/ (PVH)
CIK: 0000078239
Period of Report: 2007-04-12
Reporting Person: CHIRICO EMANUEL (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-04-12 | Common Stock, $1 par value | A | 17500 | — | Acquired | 27839 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-04-12 | Option (Right to Buy) | $58.57 | A | 70000 | Acquired | 2017-04-11 | Common Stock, $1 par value (70000) | Direct |
Footnotes
F1: Reporting person received an award of 17,500 restricted stock units that entitles him to receive 17,500 shares of Issuer's Common Stock, subject to vesting requirements. The units vest 25% (4,375 shares) on the second anniversary of grant, 25% (4,375 shares) on the third anniversary of grant and 50% (8,750 shares) on the fourth anniversary of grant. Vested shares are delivered as soon as practicable after they vest.
F2: Includes 10,339 shares of Issuer's Common Stock owned outright by reporting person.
F3: All options excercisable for shares of Issuer's Common Stock, $1 par value.
F4: Options to acquire 17,500 shares become exercisable on each of 4/12/08, 4/12/09, 4/12/10 and 4/12/11.