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PVH CORP. /DE/ Director's Dealing 2008

Apr 11, 2008

31157_dirs_2008-04-11_af8fc163-1ce2-4514-89af-10addb88e5a2.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: 2008-04-09

Reporting Person: CHIRICO EMANUEL (Director, Chairman & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-04-09 Common Stock, $1 par value A 26500 Acquired 56839 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-04-09 Option (Right to Buy) $36.45 A 110000 Acquired 2018-04-09 Common Stock, $1 par value (110000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $1 par value 7006.005 Indirect

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% (6,625 shares) on the second anniversary of grant, 25% (6,625 shares) on the third anniversary of grant and 50% (13,250 shares) on the fourth anniversary of grant. Vested shares are delivered as soon as practicable after they vest.

F2: Includes 12,839 shares of Issuer's Common Stock owned outright by reporting person and 44,000 shares of Common Stock subject to awards of restricted stock units.

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

F4: Options to acquire 27,500 shares become exercisable on each of 4/09/09, 4/09/10, 4/09/11 and 4/09/12.