TAPESTRY, INC. — Director's Dealing 2010

Jun 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COACH INC (COH)
CIK: 0001116132
Period of Report: 2010-06-17

Reporting Person: FRANKFORT LEW (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-17	Common Stock	M	32089	$34.14	Acquired	3302378	Direct
2010-06-17	Common Stock	M	3775	$34.94	Acquired	3306153	Direct
2010-06-17	Common Stock	S	3698	$43.25	Disposed	3302455	Direct
2010-06-17	Common Stock	S	9951	$43.26	Disposed	3292504	Direct
2010-06-17	Common Stock	F	32166	$43.25	Disposed	3260338	Direct
2010-06-17	Common Stock	S	50000	$43.06	Disposed	3210338	Direct
2010-06-18	Common Stock	M	84137	$34.94	Acquired	3294475	Direct
2010-06-18	Common Stock	S	7992	$43.27	Disposed	3286483	Direct
2010-06-18	Common Stock	F	76145	$43.27	Disposed	3210338	Direct
2010-06-18	Common Stock	S	190049	$43.33	Disposed	3020289	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-17	Stock Option	$34.94	M	3775	Disposed	2010-10-04	Common Stock (3775)	Direct
2010-06-17	Stock Option	$34.14	M	32089	Disposed	2010-10-04	Common Stock (32089)	Direct
2010-06-18	Stock Option	$34.94	M	84137	Disposed	2010-10-04	Common Stock (84137)	Direct

Footnotes

F1: These shares were sold to pay for the cost of, and the taxes and fees associated with, the exercise of the derivative securities described above.

F2: The options exercised are scheduled to expire later this year.