INFORMATION TABLE FOR FORM 4. Modify information here; it will be
automatically updated in Form 4. IT IS NOT NECESSARY TO PRINT THIS PAGE. DO NOT
                               DELETE THIS PAGE.



Last Name of Reporting Person                          Questrom
First Name of Reporting Person                         Allen
Middle Name of Reporting Person
Street Address of Reporting Person                     200 East 69th Street, 
                                                       Suite 43A
City of Reporting Person                               New York
State of Reporting Person                              New York
Zip Code of Reporting Person                           10021
Statement for Month/Year                               4/98
IRS or SS # of Reporting Person
Issuer Name Ticker/Trading Symbol                      Polo Ralph Lauren 
                                                       Corporation (RL)
If Amendment, date of Original (otherwise blank)
Information for Signed Pursuant
Filed by One Reporting Person (X or blank)
Filed by More than One Reporting Person (X or blank)


   Relationship of Reporting Person to Issuer: (Place an X where appropriate:
                              leave others blank.)

Director                                               [X]
10% Owner
Officer (* indicate below) 
Other (* indicate below) 
* Specify:


U.S. 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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 - ------------------------------------------------------------------- FORM 4 OMB APPROVAL - ------------------------------------------------------------------- [ ] CHECK THIS BOX IF NO LONGER OMB Number: 3235-0287 SUBJECT TO SECTION 16. FORM 4 Expires: September 30, 1998 OR FORM 5 OBLIGATIONS MAY Estimated average burden CONTINUE. SEE INSTRUCTION 1(B). hours per response .... 0.5 - --------------------------------
1. Name and Address of Reporting Person * Questrom Allen (Last) (First) (Middle) 200 East 69th Street, Suite 43A (Street) New York New York 10021 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol Polo Ralph Lauren Corporation (RL) 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement of Month/Year 4/98 5. If Amendment, Date or Original (Month/Year) 6. Relationship of Reporting Person to Issuer (Check all applicable) X Director 10% Owner ----- ----- Officer (give title Other ----- below) ----- (specify below) ---------------------------------------- 7. Individual or Join/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 2. Transaction 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature (Instr. 3) Date action or Disposed of (D) Securities ship of In- Code (Instr. 3, 4 and 5) Beneficially Form: direct (Month/ (Instr. 8) Owned at Direct Bene- Day/ ------------- ------------------------- End of (D) ficial Year) (A) Month Indirect Owner- Code Amount or Price (Instr. 3 (I) ship (D) and 4) (Instr. 4) (Instr. 4) - ----------------------------- -------------- ------------- ---------- --- ------- ----------------- ----------- ----------- - ----------------------------- -------------- ------------- ---------- --- ------- ----------------- ----------- ----------- Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) * If the form is filed by more than one reporting person, SEE Instruction 4(b)(v). SEC 1474 9-96)
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) 1. Title of Derivative 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv- 6. Date Exer- Security (Instr. 3) sion or action tion Code ative Securities Ac- cisable and Ex- Exercise Date (Instr. 8) quired (A) or Dis- piration Date Price of posed of (D) Deriv- (Month/ (Instr. 3, 4 and 5) (Month/Day/ ative Day/ Year) Security Year) ------------- ------------------------- ---------------------- Date Expira- Code V (A) (D) Exer- tion cisable Date - -------------------------------------- ------------- ----------- ------------- ----------- ----------- ----------- --------- Option issued pursuant to Issuer's 1997 Stock Option Plan for Non- Employee Directors (Right to Buy) 4/1/98 A V 3,000 (1) 4/1/08 - -------------------------------------- ------------- ----------- ------------- ----------- ----------- ----------- --------- 7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Na- Underlying Securities Deriv of Deriv- ship ture ative ative Form of In- (Instr. 3 and 4) Secur- Secur- of De- direct ity ities rivative Bene- (Instr. Bene Secu- ficial 5) ficially rity: Own- Owned Direct ership - -------------------------------------- at End (D) or (Instr. 4) Amount or of Indi- Title Number of Month rect (I) Shares (Instr. 4) (Instr. 4) - --------------------- --------------- ------------- ------------- ------------- -------------- Class A Common Stock 3,000 $29.90625 10,500 D - --------------------- --------------- ------------- ------------- ------------- --------------
Explanation of Responses: (1) The option was granted on April 1, 1998. The option vests and becomes exercisable with respect to 50% of the shares of Class A Common Stock subject to the option on each of the first and second anniversaries of the date of the grant. ** 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 provided is insufficient, SEE Instruction 6 for procedure. /s/ Allen Questrom April 6, 1998 - ----------------------------------------------- --------------------- **Signature of Reporting Person Date Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. Page 2 SEC 1474 (9-96)