PVH CORP. /DE/ — Director's Dealing 2008

Apr 11, 2008

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: ZACCARO MICHAEL B (Vice Chairman, Retail)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-04-09	Common Stock, $1 par value	A	4750	—	Acquired	26081	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-09	Option (Right to Buy)	$36.45	A	19500	Acquired	2018-04-09	Common Stock, $1 par value (12000)	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% (1,187 shares) on the second anniversary of grant, 25% (1,188 shares) on the third anniversary of grant and 50% (2,375 shares) on the fourth anniversary of grant. Vested shares are delivered as soon as pricaticable after they vest.

F2: Includes 18,331 shares of Issuer's Common Stock owned outright by reporting person and 7,750 shares of Common Stock subject to awards of restricted stock units.

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

F4: Options to acquire 4,875 shares become exercisable on each of 4/09/09, 04/09/10, 04/09/11 and 04/09/12.