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PVH CORP. /DE/ — Director's Dealing 2015
Apr 6, 2015
31157_dirs_2015-04-06_ee02357d-e9c6-4a5a-a55e-f15e455481b5.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: 2015-04-02
Reporting Person: SHIFFMAN STEVEN B (President & CEO, Calvin Klein)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-04-02 | Common Stock, $1 par value | A | 2792 | — | Acquired | 8647 | Direct |
| 2015-04-03 | Common Stock, $1 par value | A | 2085 | — | Acquired | 10732 | Direct |
| 2015-04-03 | Common Stock, $1 par value | F | 771 | $107.47 | Disposed | 9961 | Direct |
| 2015-04-05 | Common Stock, $1 par value | F | 114 | $107.47 | Disposed | 9847 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-02 | Option (Right to Buy) | $107.47 | A | 7000 | Acquired | 2025-04-02 | Common Stock, $1 par value (7000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $1 par value | 3396.0412 | 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% (698 shares) on the second anniversary of grant, 25% (698 shares) on the third anniversary of grant and 50% (1,396 shares) on the fourth anniversary of grant. Vested shares are delivered as soon as practicable after they vest.
F2: Includes 8,137 shares of Common Stock subject to awards of restricted stock units.
F3: Represents shares received upon settlement of a performance share award.
F4: Represents shares withheld to satisfy the Reporting Person's tax obligations with the settlement of the performance share award described in Note (3) above.
F5: Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 307 restricted stock units. The restricted stock units were reported as directly owned shares at the time they were granted.
F6: Includes 7,830 shares of Common Stock subject to awards of restricted stock units.
F7: All options exercisable for shares of Issuer's Common Stock, $1 par value.
F8: Options to acquire 1,750 shares become exercisable on each of 4/2/2016, 4/2/2017, 4/2/2018 and 4/2/2019.