SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Cohen Andrew M

(Last) (First) (Middle)
C/O JONES APPAREL GROUP, INC.
1129 WESTCHESTER AVENUE

(Street)
WHITE PLAINS NY 10604

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/11/2007
3. Issuer Name and Ticker or Trading Symbol
JONES APPAREL GROUP INC [ JNY ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CEO-Whlsale Ftwr & Accssories
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,667(1) D
Common Stock 3,000(2) D
Common Stock 8,000(3) D
Common Stock 18,000(4) D
Common Stock 10,000(5) D
Common Stock 15,000(6) D
Common Stock 1,332 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) (7) 08/20/2011 Common Stock 50,000 $33 D
Employee Stock Option (right to buy) (8) 12/03/2011 Common Stock 15,198 $31.26 D
Employee Stock Option (right to buy) (9) 12/12/2010 Common Stock 10,000 $33.36 D
Explanation of Responses:
1. This amount reflects restricted stock granted to the reporting person, pursuant to the terms of the Jones Apparel Group, Inc. 1999 Stock Incentive Plan. Vesting restrictions lapse on December 9, 2007.
2. This amount reflects restricted stock granted to the reporting person, pursuant to the terms of the Jones Apparel Group, Inc. 1999 Stock Incentive Plan. Vesting restrictions lapse as to 1,000 shares on August 3, 2007, 1,000 shares on May 27, 2008 and 1,000 shares on May 27, 2009.
3. This amount reflects restricted stock granted to the reporting person, pursuant to the terms of the Jones Apparel Group, Inc. 1999 Stock Incentive Plan. Vesting restrictions lapse on the second business day immediately following the Company's public announcement of fourth quarter financial results for the year 2007.
4. This amount reflects restricted stock granted to the reporting person, pursuant to the terms of the Jones Apparel Group, Inc. 1999 Stock Incentive Plan. Vesting restrictions lapse on the second business day immediately following the Company's public announcement of fourth quarter financial results for the year 2008.
5. This amount reflects restricted stock granted to the reporting person, pursuant to the terms of the Jones Apparel Group, Inc. 1999 Stock Incentive Plan. Vesting restrictions lapse on the second business day immediately following the Company's public announcement of fourth quarter financial results for the year 2009.
6. This amount reflects restricted stock granted to the reporting person, pursuant to the terms of the Jones Apparel Group, Inc. 1999 Stock Incentive Plan. Vesting restrictions lapse on the second business day immediately following the Company's public announcement of fourth quarter financial results for the year 2009, provided that the Company achieves certain performance targets.
7. This option vested cumulatively as follows: 10,000 on 12/31/01; 20,000 on 6/30/02; 30,000 on 12/31/02; 40,000 on 6/30/03; and 50,000 on 12/31/03.
8. This option vested cumulatively as follows: 3,198 on 12/3/2003; 7,198 on 12/3/2004; 11,198 on 12/3/2005; and 15,198 on 12/3/2006.
9. This option vests in five equal annual installments beginning on December 12, 2004.
Remarks:
/s/Andrew M. Cohen 06/18/2007
** 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 5 (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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