X0303 4 2009-01-12 0 0000352363 CLAIBORNE LIZ INC LIZ 0001191525 CARP DANIEL A 343 STATE STREET ROCHESTER NY 146500211 1 0 0 0 Common Stock, par value $1 per share 2009-01-12 4 A 0 33670 0.00 A 46998 D Pursuant to Issuer's Outside Directors' Deferral Plan, Reporting Person has elected to defer receipt of all 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