RALPH LAUREN CORP — Director's Dealing 2015

Jun 1, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RALPH LAUREN CORP (RL)
CIK: 0001037038
Period of Report: 2015-05-29

Reporting Person: Lauren David R. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-29	Class A Common Stock	M	9375	$43.035	Acquired	19229	Direct
2015-05-29	Class A Common Stock	M	4635	$57.755	Acquired	23864	Direct
2015-05-29	Class A Common Stock	S	14010	$130.74	Disposed	9854	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-29	Class A Common Stock Option (Right to Buy)	$43.035	M	9375	Disposed	2015-06-15	Class A Common Stock (9375)	Direct
2015-05-29	Class A Common Stock Option (Right to Buy)	$57.755	M	4635	Disposed	2015-07-14	Class A Common Stock (4635)	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 $130.30 to $131.21. 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 options vested and became exercisable in three equal annual installments beginning on June 15, 2006. These options were scheduled to expire on June 15, 2015.

F3: The options vested and became exercisable in three equal annual installments beginning on July 14, 2009. These options were scheduled to expire on July 14, 2015.