TAPESTRY, INC. — Director's Dealing 2011

Sep 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COACH INC (COH)
CIK: 0001116132
Period of Report: 2011-09-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-13	Common Stock	M	190698.0000	$34.9400	Acquired	2249266.0000	Direct
2011-09-13	Common Stock	F	155298.0000	$56.0700	Disposed	2093968.0000	Direct
2011-09-14	Common Stock	M	214303.0000	$34.8500	Acquired	2308271.0000	Direct
2011-09-14	Common Stock	F	173151.0000	$56.8100	Disposed	2135120.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-13	Stock Option	$34.9400	M	190698.0000	Disposed	2012-08-07	Common Stock (190698.0000)	Direct
2011-09-14	Stock Option	$34.8500	M	214303.0000	Disposed	2012-08-07	Common Stock (214303.0000)	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 76,552 shares.