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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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
[_] Check this box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Semel Terry S.
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(Last) (First) (Middle)
Yahoo! Inc., 701 First Avenue
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(Street)
Sunnyvale CA 94089
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(City) (State) (Zip)
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2. Issuer Name AND Ticker or Trading Symbol
Polo Ralph Lauren Corporation (RL)
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3. IRS Identification Number of Reporting Person, if any (Voluntary)
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4. Statement for Month/Day/Year
4/1/2003
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form Filed by One Reporting Person
[_] Form Filed by More than One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
OR BENEFICIALLY OWNED
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5.
Amount of 6.
4. Securities Owner-
Securities Acquired (A) or Beneficially ship
2. 2A. 3. Disposed of (D) Owned Follow- Form: 7.
Transac- Deemed Transaction (Instr. 3, 4 and 5) ing Reported Direct Nature of
tion Execution Code ------------------------------- Transac- (D) or Indirect
1. Date Date, if any Instr. 8) (A) tions(s) Indirect Beneficial
Title of Security (Month/ (Month/ ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) Day/Year) Day/Year) Code V (D) and 4) (Instr.4) (Instr. 4)
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one Reporting Person, see Instruction
4(b)(v).
PERSONS WHO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND
UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB NUMBER.
(Over)
SEC 1474 (9-02)
FORM 4 (CONTINUED)
TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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9.
Number 10.
of Owner-
Deriv- ship
ative Form
2. Secur- of
Conver- 5. 7. ities Deriv- 11.
sion 3A Number of Title and Amount Bene- ative Nature
or Deemed Derivative 6. of Underlying 8. ficially Secur- of
Exer- Exe- 4. Securities Date Securities Price Owned ity: In-
cise 3. cution Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Direct direct
Price Trans- Date, action or Disposed Expiration Date ---------------- Deriv- ing Re- (D) or Bene-
1. of action if Code of (D) (Month/Day/Year) Amount ative ported In- ficial
Title of Deriv- Date any (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner-
Derivative ative (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- Day/ Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Option issued $22.84 4/1/03 A 3,000 (1) 4/1/13 Class A 3,000 3,000 D
pursuant to Common
issuer's 1997 Stock
Long-Term Stock
Incentive Plan
(Right to Buy)
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Explanation of Responses:
(1) Options vest and become exercisable annually in two equal installments
beginning April 1, 2004.
/s/ Edward W. Scheuermann April 3, 2003
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**Signature of Reporting Person Date
Edward W. Scheuermann
Attorney-in-Fact
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB number.
Page 2
POWER OF ATTORNEY
KNOW EVERYONE BY THESE PRESENTS, that I, Terry S. Semel, hereby make, constitute
and appoint Mr. Edward W. Scheuermann, with full power of substitution, my true
and lawful agent and attorney-in-fact and confer upon such agent and
attorney-in-fact the power and authority, in my name, place and stead, in any
way which I could do if personally present:
(1) to execute for and on my behalf, in my capacity as an officer, director
and/or stockholder of Polo Ralph Lauren Corporation (the "Company"),
any and all forms and filings required pursuant to Section 16(a) of the
Securities Exchange Act of 1934, as amended, and the rules thereunder,
including, without limitation, Forms 3, 4 and 5;
(2) to do and perform any and all acts for and on my behalf (in any of the
capacities described in paragraph (1) above)) which may be necessary or
desirable to complete and execute any such forms or filings and timely
file such forms or filings with the United States Securities and
Exchange Commission and any stock exchange or similar authority; and
(3) to execute and deliver on my behalf (in any of the capacities described
in paragraph (1) above) any other forms, filings, consents,
authorizations, certificates, instruments or other documents necessary
or desirable to authorize, approve, effect, facilitate or consummate
any of the transactions described above.
IN WITNESS WHEREOF, I have hereunto set my hand on this 28th day of February,
2003.
/s/ Terry S. Semel
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Terry S. Semel