RALPH LAUREN CORP — Director's Dealing 2017

May 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RALPH LAUREN CORP (RL)
CIK: 0001037038
Period of Report: 2017-05-26

Reporting Person: HERMANN VALERIE (President, Global Brands)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-26	Class A Common Stock	A	14055	—	Acquired	38166	Direct
2017-05-26	Class A Common Stock	F	1932	$66.43	Disposed	36234	Direct
2017-05-26	Class A Common Stock	F	647	$66.43	Disposed	35587	Direct
2017-05-26	Class A Common Stock	A	1791	—	Acquired	37378	Direct
2017-05-26	Class A Common Stock	F	739	$66.43	Disposed	36639	Direct
2017-05-26	Class A Common Stock	A	1343	—	Acquired	37982	Direct
2017-05-26	Class A Common Stock	F	554	$66.43	Disposed	37428	Direct

Footnotes

F1: Represents shares of the issuer's Class A Common Stock issued to the reporting person as performance-based restricted stock units, granted under the issuer's Amended and Restated 2010 Long-Term Stock Incentive Plan, which have been deemed to be earned based on the issuer's achievement of certain applicable performance conditions. One-third of these performance-based restricted stock units vested following the end of the issuer's Fiscal 2017. The remainder are no longer subject to performance and will vest in two equal annual installments following the end of the issuer's Fiscal 2018 and Fiscal 2019, respectively.

F2: Represents shares of the issuer's Class A Common Stock issued to the reporting person in respect of the vesting of performance-based restricted stock units granted under the issuer's Amended and Restated 2010 Long-Term Stock Incentive Plan.