RALPH LAUREN CORP — Director's Dealing 2019

May 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RALPH LAUREN CORP (RL)
CIK: 0001037038
Period of Report: 2019-05-17

Reporting Person: Lauren Family, L.L.C. (10% Owner)
Reporting Person: Lauren David R. (Director, Vice Chair, Chief Innovation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-17	Class A Common Stock	C	499996	—	Acquired	499996	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-17	Class B Common Stock	$	C	499996	Disposed		Class A Common Stock (499996)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	17860	Direct

Footnotes

F1: The holder of the securities has the right, at the holder's option, at any time and from time to time, to convert shares of Class B Common Stock into Class A Common Stock on a one-for-one basis. On May 17, 2019, the Lauren Family, L.L.C. converted 499,996 shares of Class B Common Stock into an equal number of shares of Class A Common Stock, in advance of planned sales of shares of Class A Common Stock pursuant to a Rule 10b5-1 sales plan providing for sales of up to 1,000,000 shares of Class A Common Stock by the end of this calendar year, subject to the conditions set forth therein, in connection with a long-term strategy for estate planning and investment diversification.

F2: These securities are held by Lauren Family, L.L.C., a limited liability company of which Mr. David Lauren is a manager and in which Mr. David Lauren has an indirect pecuniary interest. Mr. David Lauren disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

F3: These securities are held individually by Mr. David Lauren.