PVH CORP. /DE/ — Director's Dealing 2007

Apr 9, 2007

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: ZACCARO MICHAEL B (Vice Chairman, Retail)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-05	Common Stock, $1 par value	A	3000	—	Acquired	36331	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-05	Option (Right to Buy)	$58.60	A	12000	Acquired	2017-04-04	Common Stock, $1 par value (12000)	Direct

Footnotes

F1: Reporting person received an award of 12,000 restricted stock units that entitles him to receive 12,000 shares of Issuer's Common Stock, subject to vesting requirements. The units vest 25% (750 shares) on the second anniversary of grant, 25% (750 shares) on the third anniversary of grant and 50% (1,500 shares) on the fourth anniversary of grant. Vested shares are delivered as soon as pricaticable after they vest.

F2: Includes 33,331 shares of Issuer's Common Stock owned outright by reporting person.

F3: All options exercisable for shares of Issuer's Common Stock, $1 par value.

F4: Options to acquire 3,000 shares become exercisable on each of 4/05/08, 04/05/09, 04/05/10 and 04/05/11.