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*
BARNES MICHAEL W
(Last) (First) (Middle)
2280 N. GREENVILLE AVE.
(Street)
RICHARDSON TX 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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and COO
3. Date of Earliest Transaction (Month/Day/Year)
09/14/2007
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)
Code V Amount (A) or (D) Price
Common Stock 09/14/2007 S 3,300 D $36 199,116(1) D
Common Stock 09/14/2007 S 4,637 D $36.01 194,479(1) D
Common Stock 09/14/2007 S 3,800 D $36.02 190,679(1) D
Common Stock 09/14/2007 S 12,020 D $36.03 178,659(1) D
Common Stock 09/14/2007 S 10,513 D $36.04 168,146(1) D
Common Stock 09/14/2007 S 6,100 D $36.05 162,046(1) D
Common Stock 09/14/2007 S 3,600 D $36.06 158,446(1) D
Common Stock 09/14/2007 S 4,649 D $36.07 153,797(1) D
Common Stock 09/14/2007 S 4,450 D $36.08 149,347(1) D
Common Stock 09/14/2007 S 4,100 D $36.09 145,247(1) D
Common Stock 09/14/2007 S 2,000 D $36.1 143,247(1) D
Common Stock 09/14/2007 S 2,000 D $36.11 141,247(1) D
Common Stock 09/14/2007 S 100 D $36.12 141,147(1) D
Common Stock 09/14/2007 S 988 D $36.14 140,159(1) D
Common Stock 09/14/2007 S 700 D $36.15 139,459(1) D
Common Stock 09/14/2007 S 1,000 D $36.16 138,459(1) D
Common Stock 09/14/2007 S 2,800 D $36.17 135,659(1) D
Common Stock 09/14/2007 S 1,100 D $36.18 134,559(1) D
Common Stock 09/14/2007 S 300 D $36.19 134,259(1) D
Common Stock 09/14/2007 S 1,874 D $36.2 132,385(1) D
Common Stock 09/14/2007 S 700 D $36.21 131,685(1) D
Common Stock 09/14/2007 S 80 D $36.02 1,438 I Independent Administrator of Estate
Common Stock 09/14/2007 S 1,200 D $36.12 238 I Independent Administrator of Estate
Common Stock 09/14/2007 S 212 D $36.14 26 I Independent Administrator of Estate
Common Stock 09/14/2007 S 26 D $36.2 0 I Independent Administrator of Estate
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
Stock Appreciation Right $18.41 02/19/2007 02/19/2014 Common Stock 24,000 24,000 D
Stock Appreciation Right $22.63 02/01/2008 02/01/2015 Common Stock 40,000 40,000 D
Stock Appreciation Right $31.24 06/01/2008 06/01/2015 Common Stock 36,000 36,000 D
Stock Options (Right to buy) $4.9723 10/25/2003 10/25/2010 Common Stock 39,373 39,373 D
Stock Options (Right to buy) $7.1111 02/02/2001 02/02/2010 Common Stock 11,250 11,250 D
Stock Options (Right to buy) $9.2223 01/14/2003 01/14/2012 Common Stock 31,499 31,499 D
Stock Options (Right to buy) $11.6667 02/24/2004 02/24/2013 Common Stock 51,000 51,000 D
Stock Options (Right to buy) $19.1333 02/23/2005 02/23/2014 Common Stock 60,000 60,000 D
Stock Options (Right to buy) $25.77 03/08/2006 03/08/2015 Common Stock 40,000 40,000 D
Explanation of Responses:
1. Includes 79,129 shares of restricted stock, 36,320 restricted stock units and 2,009 shares held through a 401(k) plan account as of June 30, 2007.
MICHAEL W BARNES 09/18/2007
** 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.