TAPESTRY, INC. — Director's Dealing 2011

Aug 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COACH INC (COH)
CIK: 0001116132
Period of Report: 2011-08-05

Reporting Person: KRAKOFF REED (Pres, Exec Creative Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-05	Common Stock	M	249999.0000	$26.2100	Acquired	352895.3200	Direct
2011-08-05	Common Stock	M	123000.0000	$29.3700	Acquired	475895.3200	Direct
2011-08-05	Common Stock	M	23497.0000	—	Acquired	499392.3200	Direct
2011-08-05	Common Stock	F	11859.0000	$56.5500	Disposed	487533.3200	Direct
2011-08-05	Common Stock	S	93739.0000	$55.5000	Disposed	393794.3200	Direct
2011-08-05	Common Stock	F	279260.0000	$55.5000	Disposed	114534.3200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-05	Restricted Stock Unit	$	M	23497.0000	Disposed		Common Stock (23497.0000)	Direct
2011-08-05	Stock Option	$29.3700	M	123000.0000	Disposed	2019-08-05	Common Stock (123000.0000)	Direct
2011-08-05	Stock Option	$26.2100	M	249999.0000	Disposed	2018-08-05	Common Stock (249999.0000)	Direct

Footnotes

F1: Vesting of Restricted Stock Units.

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

F3: 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.

F4: This security will convert on a 1-for-1 basis into shares of the issuer's common stock.

F5: These service-based securities will vest on the third anniversary of the date of grant, based solely on the reporting person's continued employment with the issuer. Unvested units are cancelled upon termination of the reporting person's employment.

F6: These securities do not expire.

F7: Date exercisable August 5, 2011