X0202 4 2006-11-06 0 0000352363 CLAIBORNE LIZ INC LIZ 0001380481 McComb William L LIZ CLAIBORNE INC 1441 BROADWAY NEW YORK NY 10018 1 1 0 0 Chief Executive Officer Common Stock, par value $1 per share 2006-11-06 4 A 0 76355 41.78 A 76355 D Common Stock, par value $1 per share 2006-11-06 4 A 0 62500 41.78 A 138885 D Options 41.78 2006-11-06 4 A 0 185200 0 A 2007-11-06 2013-11-06 Common Stock, par value $1 per share 185200 185200 D Options 50.136 2006-11-06 4 A 0 63150 0 A 2007-11-06 2013-11-06 Common Stock, par value $1 per share 63150 63150 D Restricted stock grant under the Issuer's 2005 Stock Incentive Plan (the "Plan"). The grant will vest in three equal amounts on each of the 1st, 2nd and 3rd anniverary of grant, subject to earlier vesting upon the occurrence of certain events. Restricted stock grant under the Plan. The grant will vest on the 5th anniverary of grant, subject to earlier vesting upon the occurrence of certain events. Comprised of 138,855 shares of restricted stock. Options to purchase shares of the Issuer's common stock, granted under the Plan, with vesting as follows: 1/4 on each of the 1st and 2nd anniversary of grant, and the remaining 1/2 vesting on the 3rd anniversary of grant, subject to earlier vesting upon the occurrence of certain events. Nicholas Rubino, as attorney-in-fact 2006-11-08