RALPH LAUREN CORP — Director's Dealing 2015

Feb 9, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RALPH LAUREN CORP (RL)
CIK: 0001037038
Period of Report: 2015-02-05

Reporting Person: FLEISHMAN JOEL LAWRENCE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-05	Class A Common Stock	S	1615	$141.92	Disposed	13538	Direct
2015-02-06	Class A Common Stock	M	2007	$59.8	Acquired	15545	Direct
2015-02-06	Class A Common Stock	M	3000	$38.61	Acquired	18545	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-06	Non-Employee Director Stock Option (Right to Buy)	$59.8	M	2007	Disposed	2015-04-01	Class A Common Stock (2007)	Direct
2015-02-06	Non-Employee Director Stock Option (Right to Buy)	$38.61	M	3000	Disposed	2015-04-01	Class A Common Stock (3000)	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 $141.90 to $141.94. 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: Of the total amount of shares of Class A Common Stock beneficially owned by the reporting person, 6,400 shares are held indirectly in retirement accounts.

F3: These options vested and became exercisable in three equal annual installments beginning on April 1, 2009. These options were scheduled to expire on April 1, 2015.

F4: These options vested and became exercisable in two equal annual installments beginning on April 1, 2006. These options were scheduled to expire on April 1, 2015.