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PVH CORP. /DE/ — Director's Dealing 2009
Jun 29, 2009
31157_dirs_2009-06-29_7e624e99-9ed5-4d87-bf29-467c3d205c60.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: 2009-06-25
Reporting Person: SIRKIN ALLEN E (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-06-25 | Common Stock, $1 par value | A | 46250 | — | Acquired | 102315 | Direct |
| 2009-06-25 | Common Stock, $1 par value | A | 18500 | — | Acquired | 120815 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $1 par value | 17928.104 | 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% (11,562 shares) on the second anniversary of grant, 25% (11,562 shares) on the third anniversary of grant and 50% (23,126 shares) on the fourth anniversary of grant. Vested shares are delivered as soon as practicable after they vest. This grant represents the annual equity grant required to be made to the reporting person under his employment agreement.
F2: Includes 23,730 shares of Issuer's Common Stock owned outright by reporting person and 78,585 shares of Common Stock subject to awards of restricted stock units.
F3: 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% (4,625 shares) on the second anniversary of grant, 25% (4,625 shares) on the third anniversary of grant and 50% (9,250 shares) on the fourth anniversary of grant. Vested shares are delivered as soon as practicable after they vest. This grant represents the grant made to reporting person as consideration for his agreement to extend his period of employment, as required under his employment agreement.
F4: Includes 23,730 shares of Issuer's Common Stock owned outright by reporting person and 97,085 shares of Common Stock subject to awards of restricted stock units.