PVH CORP. /DE/ — Director's Dealing 2014

Apr 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PVH CORP. /DE/ (PVH)
CIK: 0000078239
Period of Report: 2014-04-03

Reporting Person: Shaffer Michael A (EVP, COO and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-03	Common Stock, $1 par value	A	3616	—	Acquired	20913	Direct
2014-04-05	Common Stock, $1 par value	F	453	$124.97	Disposed	20460	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-03	Option (Right to Buy)	$124.53	A	12100	Acquired	2024-04-03	Common Stock, $1 par value (12100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1 par value	6675.102	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% (904 shares) on the second anniversary of grant, 25% (904 shares) on the third anniversary of grant and 50% (1,808 shares) on the fourth anniversary of grant. Vested shares are delivered as soon as practicable after they vest.

F2: Includes 19,600 shares of Common Stock subject to awards of restricted stock units.

F3: Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 1,225 restricted stock units. The restricted stock units were reported as directly owned shares at the time they were granted.

F4: Includes 18,375 shares of Common Stock subject to awards of restricted stock units.

F5: All options exercisable for shares of Issuer's Common Stock, $1 par value.

F6: Options to acquire 3,025 shares become exercisable on each of 4/3/2015, 4/3/2016, 4/3/2017 and 4/3/2018.