Sec Form 4 Filing - GROSMAN MARC @ PHILLIPS VAN HEUSEN CORP /DE/ - 2007-05-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
GROSMAN MARC
2. Issuer Name and Ticker or Trading Symbol
PHILLIPS VAN HEUSEN CORP /DE/ [ PVH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
21 RUE BLANQUL
3. Date of Earliest Transaction (MM/DD/YY)
05/18/2007
(Street)
SAINT-OUEN CEDEX, I093406
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $1 par value 05/18/2007 M 4,000 A $ 14.25 4,000 D
Common Stock, $1 par value 05/18/2007 M 4,000 A $ 13.0625 8,000 D
Common Stock, $1 par value 05/18/2007 M 4,000 A $ 9.9375 12,000 D
Common Stock, $1 par value 05/18/2007 M 4,000 A $ 9.375 16,000 D
Common Stock, $1 par value 05/18/2007 M 8,000 A $ 14.11 24,000 D
Common Stock, $1 par value 05/18/2007 M 8,000 A $ 14.14 32,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right to Buy) ( 1 ) $ 14.25 05/18/2007 M 4,000 ( 2 ) 06/17/2007 Common Stock, $1 par value. 4,000 $ 0 0 D
Option (Right to Buy) ( 1 ) $ 13.0625 05/18/2007 M 4,000 ( 3 ) 06/18/2008 Common Stock, $1 par value. 4,000 $ 0 0 D
Option (Right to Buy) ( 1 ) $ 9.9375 05/18/2007 M 4,000 ( 4 ) 06/17/2009 Common Stock, $1 par value. 4,000 $ 0 0 D
Option (Right to Buy) ( 1 ) $ 9.375 05/18/2007 M 4,000 ( 5 ) 06/13/2010 Common Stock, $1 par value. 4,000 $ 0 0 D
Option (Right to Buy) ( 1 ) $ 14.11 05/18/2007 M 8,000 ( 6 ) 06/14/2011 Common Stock, $1 par value. 8,000 $ 0 0 D
Option (Right to Buy) ( 1 ) $ 14.14 05/18/2007 M 8,000 ( 7 ) 06/11/2012 Common Stock, $1 par value. 8,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GROSMAN MARC
21 RUE BLANQUL
SAINT-OUEN CEDEX, I093406
X
Signatures
Marc Grosman 05/18/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )All options exercisable for shares of Issuer's Common Stock, $1 par value.
( 2 )Options to acquire 1,333 shares became exercisable on each of 6/17/00 and 6/17/01 and options to acquire 1,334 became exercisable on 6/17/02.
( 3 )Options to acquire 1,333 shares became exercisable on each of 6/18/01 and 6/18/02 and options to acquire 1,334 became exercisable on 6/18/03.
( 4 )Options to acquire 1,333 shares became exercisable on each of 6/17/02 and 6/17/03 and options to acquire 1,334 became exercisable on 6/17/04.
( 5 )Options to acquire 1,000 shares became exercisable on each of 6/13/01, 6/13/02, 6/13/03 and 6/13/04.
( 6 )Options to acquire 2,000 shares became exercisable on each of 6/14/02, 6/14/03, 6/14/04 and 6/14/05.
( 7 )Options to acquire 2,000 shares became exercisable on each of 6/11/03, 6/11/04, 6/11/05 and 6/11/06.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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