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PVH CORP. /DE/ — Director's Dealing 2007
Apr 9, 2007
31157_dirs_2007-04-09_572599de-6591-4729-b177-16215febddbd.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: 2007-04-05
Reporting Person: Shaffer Michael A (Executive VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-04-05 | Common Stock, $1 par value | A | 5000 | — | Acquired | 5000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-04-05 | Option (Right to Buy) | $58.60 | A | 20000 | Acquired | 2017-04-04 | Common Stock, $1 par value (20000) | Direct |
Footnotes
F1: Represents shares subject to an award of restricted stock units. Each unit represents a contingent right to receive one share of Issuer's Common Stock. The units vest 25% (1,250 shares) on the second anniversary of grant, 25% (1,250 shares) on the third anniversary of grant and 50% (2,500 shares) on the fourth anniversary of grant. Vested shares are delivered as soon as practicable after they vest.
F2: All options exercisable for shares of Issuer's Common Stock, $1 par value.
F3: Options to acquire 5,000 shares become exercisable on each of 4/05/08, 4/05/09, 4/05/10 and 4/05/11.