PVH CORP. /DE/ — Director's Dealing 2011

Dec 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PVH CORP. /DE/ (PVH)
CIK: 0000078239
Period of Report: 2011-12-19

Reporting Person: Shaffer Michael A (Executive VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-19	Common Stock, $1 par value	M	24750	$36.45	Acquired	56273	Direct
2011-12-19	Common Stock, $1 par value	M	16958	$26.11	Acquired	73231	Direct
2011-12-19	Common Stock, $1 par value	S	41708	$68.2913	Disposed	31523	Direct
2011-12-20	Common Stock, $1 par value	M	42	$26.11	Acquired	31565	Direct
2011-12-20	Common Stock, $1 par value	S	42	$69.03	Disposed	31523	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-19	Option (Right to Buy)	$36.45	M	24750	Disposed	2018-04-09	Common Stock, $1 par value. (24750)	Direct
2011-12-19	Option (Right to Buy)	$26.11	M	16958	Disposed	2019-04-16	Common Stock, $1 par value. (16958)	Direct
2011-12-20	Option (Right to Buy)	$26.11	M	42	Disposed	2019-04-16	Common Stock, $1 par value. (42)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1 par value	6650.208	Indirect

Footnotes

F1: Includes 22,372 shares of Common Stock subject to awards of restricted stock units.

F2: This price is a weighted average price. The sales occurred at prices from $68.00 to $68.71. The reporting person will provide to the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F3: This was part of a grant of 33,000 options, of which 8,250 options vested on each of 4/9/09, 4/9/10 and 4/9/11.

F4: This was part of a grant of 34,000 options, of which 8,500 options vested on each of 4/16/10 and 4/16/11.