SEC FORM 4

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

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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^*

QUICK MARK

(Last)

(First)

(Middle)

2280 N. GREENVILLE

(Street)

RICHARDSON

75082

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FOSSIL INC [ FOSL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Divisonal President

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/15/2003		M		4,222	A	$10.6667	49,222	D
Common Stock	09/15/2003		S		4,222	D	$25.505	45,000	D⁽¹⁾
Common Stock	09/16/2003		M		4,283	A	$10.6667	49,283	D
Common Stock	09/16/2003		M		10,500	A	$13.8334	59,783	D
Common Stock	09/16/2003		M		7,875	A	$12.0278	67,658	D
Common Stock	09/16/2003		M		495	A	$10.6667	68,153	D
Common Stock	09/16/2003		S		23,053	D	$25.49	45,100	D
Common Stock	09/16/2003		S		100	D	$25.5	45,000	D⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (Right to buy)	$7.4584							10/25/2005	10/25/2010	Common Stock	52,499		52,499	D
Stock Options (Right to buy)	$10.6667	09/15/2003		M			4,222	02/02/2001	02/02/2010	Common Stock	4,222	$0	22,778	D
Stock Options (Right to buy)	$10.6667	09/16/2003		M			4,283	02/02/2001	02/02/2010	Common Stock	4,283	$0	18,495	D
Stock Options (Right to buy)	$10.6667	09/16/2003		M			495	02/02/2002	02/02/2010	Common Stock	495	$0	18,000	D
Stock Options (Right to buy)	$12.0278	09/16/2003		M			7,875	02/12/2001	02/12/2009	Common Stock	7,875	$0	7,875	D
Stock Options (Right to buy)	$13.8334	09/16/2003		M			10,500	01/14/2003	01/14/2012	Common Stock	10,500	$0	42,000	D
Stock Options (Right to buy)	$17.5							02/24/2004	02/24/2013	Common Stock	$42,500		$42,500	D

Explanation of Responses:

1. Amount reported as beneficially owned in Column 5 of 45,000 reflects direct ownership following the transaction on September 15, 2003.

2. Amount reported as beneficially owned in Column 5 of 45,000 reflects direct ownership following the transactions on September 16, 2003.

	MARK QUICK	09/17/2003
	** 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.
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