Sec Form 4 Filing - BRITT ANITA D @ PERRY ELLIS INTERNATIONAL INC - 2013-04-09

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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
BRITT ANITA D
2. Issuer Name and Ticker or Trading Symbol
PERRY ELLIS INTERNATIONAL INC [ PERY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
3000 NW 107TH AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
04/09/2013
(Street)
MIAMI, FL33172
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 04/09/2013 S 2,606 D $ 17.6 15,274 ( 1 ) ( 2 ) D
Common Stock 04/10/2013 S 2,394 D $ 17.6 12,880 ( 1 ) ( 2 ) D
Common Stock 04/10/2013 S 1,000 D $ 17.81 11,880 ( 1 ) 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
Stock Appreciation Right $ 18.19 03/19/2013( 3 ) 03/18/2019 Common Stock 7,660 7,660 D
Stock Option (right to buy) $ 4.53 03/17/2012 03/16/2019 Common Stock 5,000 5,000 D
Stock Appreciation Right $ 28.38 04/11/2012( 4 ) 04/10/2018 Common Stock 4,944 4,944 D
Stock Appreciation Right $ 24.93 04/19/2011( 5 ) 04/18/2017 Common Stock 6,036 6,036 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BRITT ANITA D
3000 NW 107TH AVENUE
MIAMI, FL33172
Chief Financial Officer
Signatures
/s/ Anita D. Britt 04/11/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes (i) 2,784 shares of restricted stock granted in April 2011; and (ii) 4,343 shares of restricted stock granted in March 2012, which in all cases vest up to 100% on the date the Company files its Annual Report on Form 10-K for fiscal 2014 and fiscal 2015, respectively; provided that Ms. Britt is still an employee of the Company on such dates, and the Company has met certain performance criteria. With respect to these grants, Ms. Britt may be entitled to up to an additional 50% of the restricted stock in the event the Company exceeds the target performance goals.
( 2 )Also includes 1,000 shares owned jointly by the Reporting Person and her spouse.
( 3 )Of the shares subject to the stock appreciation right, 2,553 shares are fully vested. The remainder of the shares shall vest and become exercisable as follows: 2,553 shares on March 19, 2014; and 2,554 shares on March 19, 2015.
( 4 )Of the shares subject to the stock appreciation right, 3,296 shares are fully vested. The remaining 1,648 shares shall vest and become exercisable on April 11, 2014.
( 5 )Of the shares subject to the stock appreciation right, 4,024 shares are fully vested. The remaining 2,012 shares shall vest and become exercisable on April 19, 2013.

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