X0303 4 2009-01-12 0 0000352363 CLAIBORNE LIZ INC LIZ 0001224603 KOPELMAN KENNETH P 919 THIRD AVENUE NEW YORK NY 10022 1 0 0 0 Common Stock, par value $1 per share 2009-01-12 4 A 0 16835 0.00 A 37440 D Pursuant to Issuer's Outside Directors' Deferral Plan, Reporting Person has elected to defer receipt of 50% of the shares of the award. These shares are subject to the following restrictions on transfer: 25% of the shares may be transferred following the 1st and 2nd grant date anniversary and the remaining 50% may be transferred following the 3rd grant date anniversary. Nicholas Rubino, as Attorney-In-Fact 2009-01-14