TAPESTRY, INC. — Director's Dealing 2010

Sep 15, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COACH INC (COH)
CIK: 0001116132
Period of Report: 2010-09-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-13	Common Stock	M	126313.0000	$34.1400	Acquired	3155950.0000	Direct
2010-09-13	Common Stock	F	117836.0000	$39.8800	Disposed	3038114.0000	Direct
2010-09-14	Common Stock	M	171180.0000	$34.8500	Acquired	3209294.0000	Direct
2010-09-14	Common Stock	F	158846.0000	$40.5200	Disposed	3050448.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-13	Stock Option	$34.1400	M	126313.0000	Disposed	2010-10-04	Common Stock (126313.0000)	Direct
2010-09-14	Stock Option	$34.8500	M	171180.0000	Disposed	2010-10-04	Common Stock (171180.0000)	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: Mr. Frankfort is exercising these stock options that would otherwise expire in October 2010 and will retain the shares of stock he received upon exercise, increasing his outright ownership of stock by more than 20,000 shares.