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

Apr 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHILLIPS VAN HEUSEN CORP /DE/ (PVH)
CIK: 0000078239
Period of Report: 2011-04-05

Reporting Person: MURRY PAUL THOMAS (President & CEO, Calvin Klein)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-05	Common Stock, $1 par value	F	578	$66.09	Disposed	20062	Direct
2011-04-05	Common Stock, $1 par value	A	7250	$26.11	Acquired	27312	Direct
2011-04-05	Common Stock, $1 par value	A	9000	$36.45	Acquired	36312	Direct
2011-04-05	Common Stock, $1 par vlaue	S	20932	$66.0073	Disposed	15380	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-05	Option (Right to Buy)	$26.11	M	7250	Disposed	2019-04-16	Common Stock, $1 par value (7250)	Direct
2011-04-05	Option (Right to Buy)	$36.45	M	9000	Disposed	2018-04-09	Common Stock, $1 par value (9000)	Direct

Footnotes

F1: Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 1,250 restricted stock units. The restricted stock units were reported as directly owned shares at the time they were granted.

F2: Includes 14,688 shares of Common Stock subject to awards of restricted stock units.

F3: This price is a weighted average price. The sales occurred at prices from $66.00 to $66.09. 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.

F4: All options exercisable for shares of Issuer's Common Stock, $1 par value.

F5: Options to acquire 7,250 shares became exercisable on 4/16/10.

F6: Options to acquire 4,500 shares became exercisable on each of 4/9/09 and 4/9/10.