PVH CORP. /DE/ — Director's Dealing 2010

Jan 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHILLIPS VAN HEUSEN CORP /DE/ (PVH)
CIK: 0000078239
Period of Report: 2010-01-21

Reporting Person: DUANE FRANCIS K (Vice Chairman, Wholesale)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-21	Common Stock, $1 par value	M	25000	$19.10	Acquired	50393	Direct
2010-01-21	Common Stock, $1 par value	M	45000	$25.88	Acquired	95393	Direct
2010-01-21	Common Stock, $1 par value	S	69610	$42.485	Disposed	25783	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-21	Option (Right to Buy)	$19.10	M	25000	Disposed	2014-04-27	Common Stock, $1 par value (25000)	Direct
2010-01-21	Option (Right to Buy)	$25.88	M	45000	Disposed	2015-05-02	Common Stock, $1 par value (45000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1 par value	405.532	Indirect

Footnotes

F1: Includes 24,400 shares of Common Stock subject to awards of restricted stock units.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.40 to $42.67, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

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

F4: Options to acquire 6,250 shares became exercisable on each of 4/27/2005, 4/27/2006, 4/27/2007 and 4/27/2008.

F5: Options to acquire 11,250 shares became exercisable on each of 5/2/2006, 5/2/2007, 5/2/2008 and 5/2/2009.