SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* APAX PARTNERS EUROPE MANAGERS LTD (Last) (First) (Middle) 15 PORTLAND AVENUE (Street) LONDON ENGLAND W1B 1PT X0 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol PHILLIPS VAN HEUSEN CORP /DE/ [ NYSE:PVH ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 07/20/2005
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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, par value $1.00 per Share	07/20/2005		C		2,100,000	A	$0(1)	14,624,073	I	See footnote(2)
Common Stock, par value $1.00 per Share	07/20/2005		S		2,100,000	D	$31.276	12,524,073	I	See footnote(2)
Common Stock, par value $1.00 per Share	07/22/2005		C		957,954	A	$0(1)	12,524,073	I	See footnote(2)
Common Stock, par value $1.00 per Share	07/22/2005		S		957,954	D	$31.276	11,566,119	I	See footnote(2)

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Series B Convertible Pref. Stock, par value $100 per share	$0(3)	07/20/2005		C			1,110.4973	(4)	(5)	Common stock, par value $1.00 per share	2,100,000	$0	6,622.84	I	See footnote(2)
Series B Convertible Pref. Stock, par value $100 per share	$0(3)	07/22/2005		C			506.5742	(4)	(5)	Common stock, par value $1.00 per share	957,954	$0	6,116.26	I	See footnote(2)

1. Name and Address of Reporting Person* APAX PARTNERS EUROPE MANAGERS LTD (Last) (First) (Middle) 15 PORTLAND AVENUE (Street) LONDON ENGLAND W1B 1PT X0 (City) (State) (Zip)

1. Name and Address of Reporting Person* Apax Europe V GP Co.LTD (Last) (First) (Middle) 13-15 VICTORIA ROAD, ST. PETER PORT (Street) GUERNSEY CHANNEL ISLANDS X0 GY1 3ZD (City) (State) (Zip)

Explanation of Responses:

1. These securities converted as indicated in Table II.

2. The securities are directly owned by Apax Europe V-A, L.P., Apax Europe V-B, L.P., Apax Europe V C GmbH, Apax Europe V-D, L.P., Apax Europe V-E, L.P., Apax Europe V-F, C.V., Apax Europe V-G, C.V., Apax Europe V-1, L.P. and Apax Europe V-2, L.P. (together, the Europe V Funds). The statement is being filed by Apax Partners Europe Managers Limited ("Apax Europe Managers") and Apax Europe V GP Co. ("Apax Europe V GP"). Apax Europe Managers serves as the discretionary investment manager of the Europe V Funds and Apax Europe V GP serves as the general partner of the general partner of the Europe V Funds. Each of Apax Europe Managers and Apax Europe V GP disclaim beneficial ownership of the securities reported herein except to the extent of its pecuniary interest.

3. In accordance with the certificate of designations governing the Series B Convertible Preferred Stock, each share of Series B Convertible Preferred Stock converts into the number of shares of Common Stock equal to liquidation preference of such share of Series B Convertible Preferred Stock divided by the conversion price.

4. These securities were immediately exercisable.

5. Not applicable.

	/s/ Richard Wilson, Director, Apax Partners Europe Managers Ltd	07/22/2005
	/s/ Denise Fallaize, Director, Apax Europe V GP Co. Ltd	07/22/2005
	** Signature of Reporting Person	Date
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).
** 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.
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.