TAPESTRY, INC. — Director's Dealing 2012

Aug 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COACH INC (COH)
CIK: 0001116132
Period of Report: 2012-08-15

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-15	Restricted Stock Unit	$	A	14376.0000	Acquired		Common Stock (14376.0000)	Direct
2012-08-15	Stock Option	$55.6500	A	333272.0000	Acquired	2022-08-15	Common Stock (333272.0000)	Direct
2012-08-16	Restricted Stock Unit	$	A	30793.0000	Acquired		Common Stock (30793.0000)	Direct

Footnotes

F1: These securities were issued under the 2010 Stock Incentive Plan of the Issuer.

F2: This security will convert on a 1-for-1 basis into shares of the issuer's common stock.

F3: 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.

F4: These securities do not expire.

F5: These options vest in three equal installments on the first, second and third anniversaries of the date of grant.

F6: These securities were issued under the 2010 Stock Incentive Plan of the Issuer. These securities represent a portion of a performance-based restricted stock unit grant made on August 6, 2009; the number of units in this portion could not be determined until August 16, 2012, when the Company's fiscal year 2013 financial performance targets were approved by the Company's Board of Directors.

F7: These securities will vest on June 29, 2013, based on the reporting person's continued employment with the issuer and are also contingent on the company's performance against certain financial targets. Unvested units are cancelled upon termination of the reporting person's employment.