ROSS STORES, INC. — Director's Dealing 2012

Jan 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROSS STORES INC (ROST)
CIK: 0000745732
Period of Report: 2012-01-12

Reporting Person: BJORKLAND K GUNNAR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-12	Common Stock	M	16000	$9.90	Acquired	30222	Direct
2012-01-12	Common Stock	S	16000	$51.1340	Disposed	14222	Direct
2012-01-12	Common Stock	M	20000	$9.655	Acquired	34222	Direct
2012-01-12	Common Stock	S	20000	$51.1340	Disposed	14222	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-12	Non-Qualified Stock Option (right to buy)	$9.655	M	20000	Disposed	2013-01-30	Common Stock (20000)	Direct
2012-01-12	Non-Qualified Stock Option (right to buy)	$9.90	M	16000	Disposed	2013-05-21	Common Stock (16000)	Direct

Footnotes

F1: Grant to reporting person of an option which begins vesting six months from grant date ('Initial Vest Date'). On Initial Vest Date, grant vests and becomes exercisable as to 1/6 of shares granted and then vests and become exercisable as to 1/36 of shares granted per month therafter.

F2: The Securities Beneficially Owned reflect a 2:1 stock split effected by a stock dividend paid on 12/15/11 to all holders of record on 11/29/11.