RALPH LAUREN CORP — Director's Dealing 2014

Jul 15, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RALPH LAUREN CORP (RL)
CIK: 0001037038
Period of Report: 2014-07-11

Reporting Person: LAUREN RALPH (Director, Chairman & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-11	Class A Common Stock	A	1184.49	—	Acquired	471413.06	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-14	Options issued purs. to 2010 Long-Term Stock Incentive Plan	$159.68	A	79629	Acquired	2021-07-14	Class A Common Stock (79629)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	35854	Indirect

Footnotes

F1: Represents restricted stock units payable as a result of the payment of a cash dividend on the Issuer's Class A Common Stock. The restricted stock units are payable solely in shares of the Issuer's Class A Common Stock issued to the reporting person in respect of restricted stock units previously granted under the Issuer's 1997 Long-Term Stock Incentive Plan.

F2: These shares of Class A Common Stock are held by a revocable trust of which the reporting person is sole trustee and sole beneficiary.

F3: These options vest and become exercisable in three equal annual installments beginning July 14, 2015.