TAPESTRY, INC. — Director's Dealing 2011

Sep 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COACH INC (COH)
CIK: 0001116132
Period of Report: 2011-09-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-15	Common Stock	M	135000.0000	$35.1400	Acquired	2270120.0000	Direct
2011-09-15	Common Stock	F	110000.0000	$58.7900	Disposed	2160120.0000	Direct
2011-09-16	Common Stock	M	134507.0000	$35.1400	Acquired	2294627.0000	Direct
2011-09-16	Common Stock	F	106037.0000	$59.2300	Disposed	2188590.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-15	Stock Option	$35.1400	M	135000.0000	Disposed	2012-08-07	Common Stock (135000.0000)	Direct
2011-09-16	Stock Option	$35.1400	M	134507.0000	Disposed	2012-08-07	Common Stock (134507.0000)	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 2012 and will retain the net shares of stock he receives upon exercise, increasing his outright ownership by 53,470 shares.