TAPESTRY, INC. — Director's Dealing 2010

Jul 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COACH INC (COH)
CIK: 0001116132
Period of Report: 2010-06-30

Reporting Person: DEVINE MICHAEL F III (EVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-30	Common Stock	M	23068	—	Acquired	63880	Direct
2010-06-30	Common Stock	F	10663	$37.03	Disposed	53217	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-30	Restricted Stock Unit	$	M	23068	Disposed		Common Stock (23068)	Direct

Footnotes

F1: Vesting of Restricted Stock Units

F2: These shares were sold to pay for the taxes in connection with the exercise of derivative securities described above.

F3: This security will convert on a 1-for-1 basis into shares of the issuer's common stock.

F4: These options and restricted stock units were granted under the Executive's Employment Agreement and will vest on June 30, 2008 (20%), 2009 (20%) and 2010 (60%). Unvested options and restricted stock units are cancelled upon termination of the reporting person's employment, subject to certain conditions set forth in such agreement.

F5: These securities do not expire.