RALPH LAUREN CORP — Director's Dealing 2014

May 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RALPH LAUREN CORP (RL)
CIK: 0001037038
Period of Report: 2014-05-23

Reporting Person: Murphy Steven P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-23	Class A Common Stock	S	1249	$151.87	Disposed	4002	Direct
2014-05-27	Class A Common Stock	S	1000	$153.2	Disposed	3002	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 $151.84 to $151.93. 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: 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 $153.23. Upon request of the SEC staff, 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.