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PVH CORP. /DE/ — Director's Dealing 2018
Jan 18, 2018
31157_dirs_2018-01-18_b16bde77-0659-4763-85d0-fe251952e89a.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: 2018-01-16
Reporting Person: SHIFFMAN STEVEN B (President & CEO, Calvin Klein)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-01-16 | Common Stock, $1 par value | M | 3100 | $26.11 | Acquired | 20419 | Direct |
| 2018-01-16 | Common Stock, $1 par value | S | 3100 | $143.76 | Disposed | 17316 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-01-16 | Option (Right to Buy) | $26.11 | M | 3100 | Disposed | 2019-04-16 | Common Stock, $1 par value. (3100) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $1 par value | 1947.696 | Indirect |
Footnotes
F1: In accordance with a domestic relations order, the reporting person transferred to his ex-wife the beneficial ownership of the number of shares of Common Stock subject to stock option awards granted on the dates shown: 3,100 granted on 4/16/09; 1,750 granted on 4/6/10; 1,600 granted on 4/7/11; 1,550 granted on 4/5/12; 1,650 granted on 5/1/13; 1,550 granted on 4/3/14; 1,600 granted on 7/1/14; and 3,500 granted on 4/2/15. The reporting person is deemed to hold these options for the benefit of his ex-wife and can exercise these options solely upon the direction of his ex-wife. The reporting person disclaims beneficial ownership of these options and the underlying shares. The shares reported in Column 4 of Table I were shares delivered to the reporting person pursuant to the exercise of stock options granted on 4/16/09. These options were exercised and the shares were sold at the direction of the reporting person's ex-wife. The reporting person had no pecuniary interest in these shares.
F2: Includes 15,267 shares of Common Stock subject to awards of restricted stock units, of which rights to 1,575 of the shares have been transferred to the reporting person's ex-wife pursuant to a domestic relations order. The reporting person disclaims beneficial ownership of the 1,575 transferred shares.
F3: Options to acquire 775 shares became exercisable on each of 4/16/10, 4/16/11, 4/16/12 and 4/16/13.