UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 5
ANNUAL 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
[ ] Check box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
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1. Name and Address of Reporting Person*
The Goldman Sachs Group, Inc.
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(Last) (First) (Middle)
85 Broad Street
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(Street)
New York, New York 10004
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Polo Ralph Lauren Corporation
(RL)
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3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
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4. Statement for Month/Year
FYE March 31, 2002
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Reporting
(Check applicable line)
[ ] Form Filed by One Reporting Person
[ X ] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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| | | | | | |
| | | |5. |6. | |
| | |4. |Amount of |Owner- | |
| | |Securities Acquired (A) or |Securities |ship | |
| | |Disposed of (D) |Beneficially |Form: |7. |
| | |(Instr. 3, 4 and 5) |Owned at end |Direct |Nature of |
|2. | 3. |-------------------------------|of Issuer's |(D) or |Indirect |
1. |Transaction |Transaction | | (A) | |Fiscal Year |Indirect |Beneficial|
Title of Security |Date |Code | Amount | or | Price |(Instr. 3 |(I) |Ownership |
(Instr. 3) |(Month/Day/Year) |(Instr. 8) | | (D) | |and 4) |(Instr.4)|(Instr. 4)|
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| | | | | | | | |
Class A Common Stock | | | | | | 01 | 01 | 01 |
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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).
FORM 5 (continued)
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially owned |
(e.g., puts, calls, warrants, options, convertible securities) |
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| | | | | | | |9. |10. | |
| | | | | | | |Number |Owner-| |
| | | | | | | |of |ship | |
|2. | | | | | | |Deriv- |of | |
|Conver- | | | 5. | |7. | |ative |Deriv-|11. |
|sion | | | Number of | |Title and Amount | |Secur- |ative |Nature|
|or | | | Derivative |6. |of Underlying |8. |ities |Secur-|of |
|Exer- | | | Securities |Date |Securities |Price |Bene- |ity: |In- |
|cise |3. | | Acquired (A) |Exercisable and |(Instr. 3 and 4) |of |ficially |Direct|direct|
|Price |Trans- |4. | or Disposed |Expiration Date |-----------------------|Deriv- |Owned |(D) or|Bene- |
1. |of |action |Trans-| of (D) |(Month/Day/Year) | |Amount |ative |at End |In- |ficial|
Title of |Deriv- |Date |action| (Instr. 3, |-----------------| |or |Secur- |of |direct|Owner-|
Derivative |ative |(Month/ |Code | 4 and 5) |Date |Expira- | |Number |ity |Month |(I) |ship |
Security |Secur- |Day/ |(Instr| ------------ |Exer- |tion | |of |(Instr. |(Instr. |(Instr|(Instr|
(Instr. 3) |ity |Year) |8) | (A) | (D) |cisable |Date |Title |Shares |5) |4) |4) |4) |
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Class C Common | | | | | | | |Class A | | | | | |
Stock | 02 | | | | | 02 | 02 |Common Stock |02 and 03| | 03 | 03 | 03 |
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Instruction 4(b)(v) list of other Reporting Persons:
This statement is being filed by GS Capital Partners, L.P. ("GSCP"), Bridge
Street Fund 1994, L.P. ("Bridge Street"), Stone Street Fund 1994, L.P. ("Stone
Street"), Stone Street 1994, L.L.C ("Stone 1994 LLC"), GS Advisors, L.L.C. ("GS
Advisors"), Goldman, Sachs & Co. ("Goldman Sachs") and The Goldman Sachs Group,
Inc. ("GS Group", and together with GSCP, Bridge Street, Stone Street, Stone
1994 LLC, GS Advisors and Goldman Sachs, the "Reporting Persons"). The principal
business address of each of Goldman Sachs, GS Group, GSCP, Bridge Street, Stone
Street, Stone 1994 LLC and GS Advisors is 85 Broad Street, New York, New York
10004.
Explanation of Responses:
01: Goldman Sachs may be deemed to own beneficially and directly and GS Group
may be deemed to own beneficially and indirectly 2,291 shares of Class A Common
Stock. Reflects an exempt acquisition of 391 shares of Class A Common Stock in
connection with a basket transaction. The Reporting Persons, other than GS Group
and Goldman Sachs, disclaim beneficial ownership of the securities reported
herein. Goldman Sachs is an indirect wholly-owned subsidiary of GS Group.
02: Shares of Class C Common Stock are convertible at any time at the option of
the holder into an equal number of shares of Class A Common Stock.
03: Goldman Sachs and GS Group may be deemed to own beneficially and indirectly
in the aggregate 22,720,979 shares of Class C Common Stock through GSCP, Bridge
Street and Stone Street (collectively, the "Limited Partnerships") of which
affiliates of Goldman Sachs and GS Group are the general partner or managing
general partner. Goldman Sachs is the investment manager of GSCP. Goldman Sachs
is an indirect wholly-owned subsidiary of GS Group. Goldman Sachs and GS Group
each disclaim beneficial ownership of the securities reported herein except to
the extent of their pecuniary interest therein.
GSCP may be deemed to own beneficially and directly and its general partner, GS
Advisors, may be deemed to own beneficially and indirectly 21,458,715 shares of
Class C Common Stock. GS Advisors disclaims beneficial ownership of the
securities reported herein except to the extent of its pecuniary interest in
such securities.
Bridge Street may be deemed to own beneficially and directly and its managing
general partner, Stone 1994 LLC, may be deemed to own beneficially and
indirectly 645,657 shares of Class C Common Stock. Stone 1994 LLC disclaims
beneficial ownership of the securities reported herein except to the extent of
its pecuniary interest in such securities.
Stone Street may be deemed to own beneficially and directly and its general
partner, Stone 1994 LLC, may be deemed to own beneficially and indirectly
616,607 shares of Class C Common Stock. Stone 1994 LLC disclaims beneficial
ownership of the securities reported herein except to the extent of its
pecuniary interest in such securities.
**Signatures:
GS CAPITAL PARTNERS, L.P.
By: s/ Roger S. Begelman
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Name: Roger S. Begelman
Title: Attorney-in-fact
GS ADVISORS, L.L.C.
By: s/ Roger S. Begelman
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Name: Roger S. Begelman
Title: Attorney-in-fact
GOLDMAN, SACHS & CO.
By: s/ Roger S. Begelman
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Name: Roger S. Begelman
Title: Attorney-in-fact
THE GOLDMAN SACHS GROUP, INC.
By: s/ Roger S. Begelman
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Name: Roger S. Begelman
Title: Attorney-in-fact
BRIDGE STREET FUND 1994, L.P.
By: s/ Roger S. Begelman
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Name: Roger S. Begelman
Title: Attorney-in-fact
STONE STREET FUND 1994, L.P.
By: s/ Roger S. Begelman
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Name: Roger S. Begelman
Title: Attorney-in-fact
STONE STREET 1994, L.L.C.
By: s/ Roger S. Begelman
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Name: Roger S. Begelman
Title: Attorney-in-fact
Date: May 3, 2002
** 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 procedures.
Alternatively, this Form is permitted to be submitted to the
Commission in electronic format at the option of the reporting person
pursuant to Rule 101(b)(4) of Regulation S-T.
