RALPH LAUREN CORP — Director's Dealing 2014

Jun 16, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RALPH LAUREN CORP (RL)
CIK: 0001037038
Period of Report: 2014-06-13

Reporting Person: Nemerov Jackwyn (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-13	Class A Common Stock	M	28371	$75.19	Acquired	68368	Direct
2014-06-13	Class A Common Stock	S	28371	$153.44	Disposed	39997	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-13	Class A Common Stock Option (Right to Buy)	$75.19	M	28371	Disposed	2017-07-16	Class A Common Stock (28371)	Direct

Footnotes

F1: The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $153.20 to $153.57. Upon request of the SEC staff, Ralph Lauren Corporation (the "Company") or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold at each separate price.

F2: These options vested and became exercisable in three equal annual installments beginning July 16, 2011. These options were scheduled to expire on July 16, 2017.