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PVH CORP. /DE/ — Director's Dealing 2011
Jun 27, 2011
31157_dirs_2011-06-27_2a3febe7-4ee8-4cbd-8f3c-f96f84d20d9b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PVH CORP. /DE/ (PVH)
CIK: 0000078239
Period of Report: 2011-06-23
Reporting Person: SIRKIN ALLEN E (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-06-23 | Common Stock, $1 par value | A | 7648 | — | Acquired | 150197 | Direct |
| 2011-06-25 | Common Stock, $1 par value | F | 5807 | $64.34 | Disposed | 144390 | Direct |
| 2011-06-25 | Common Stock, $1 par value | F | 2323 | $64.34 | Disposed | 142067 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $1 par value | 18041.97 | 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% (1,912 shares) on the second anniversary of grant, 25% (1,912 shares) on the third anniversary of grant and 50% (3,824 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: Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 11,562 restricted stock units. The restricted stock units were reported as directly owned shares at the time they were granted.
F3: Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 4,625 restricted stock units. The restricted stock units were reported as directly owned shares at the time they were granted.
F4: Includes 7,564 shares of Issuer's Common Stock owned outright by reporting person and 142,633 shares of Common Stock subject to awards of restricted stock units.
F5: Includes 13,319 shares of Issuer's Common Stock owned outright by reporting person and 131,071 shares of Common Stock subject to awards of restricted stock units.
F6: Includes 15,621 shares of Issuer's Common Stock owned outright by reporting person and 126,446 shares of Common Stock subject to awards of restricted stock units.