Bennack Frank A Jr. – ‘3’ for 1/1/98 re: Ralph Lauren Corp.

As of:  Tuesday, 1/20/98   ·   For:  1/1/98   ·   Accession #:  950142-98-38   ·   File #:  1-13057

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Initial Statement of Beneficial Ownership of Securities by an Insider   —   Form 3   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 3           Initial Statement of Beneficial Ownership of           2     13K 
                Securities by an Insider                                         

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                                               U.S. 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, Section 17(a) of the Public Utility             
                         Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940                         

                                                                                                                                    
                                                                                                    --------------------------------
                                                                                                              OMB APPROVAL          
-----------------------------------                                                                 --------------------------------
             FORM 3                                                                                 OMB Number:           3235-0104 
-----------------------------------                                                                 Expires:     September 30, 1998 
                                                                                                    Estimated average burden        
                                                                                                    hours per response      .... 0.5
                                                                                                    --------------------------------

1. Name and Address of Reporting Person *                                       

Bennack, Jr.                 Frank                     A.                       
(Last)                   (First)                 (Middle)                 

President and CEO, The Hearst Corporation, 959 8th Avenue                       
(Street)                

New York                   New York                  10019                      
(City)                   (State)                   (Zip)                  

2. Date of Event Requiring Statement ( Month / Day / Year )                     

1/12/98                                                                         

3. IRS or Social Security Number of Reporting Person (Voluntary)                

4. Issuer Name and Ticker or Trading Symbol                                     

Polo Ralph Lauren Corporation (RL)                                              

5.  Relationship of Reporting Person to Issuer   (Check all applicable)         

x    Director                          10% Owner              
-----                              -----                          
Officer (give title               Other             
-----           below)             ----- (specify                 
                        below)

----------------------------------------                          

6. If Amendment, Date or Original (Month/Year)                                  

7.    Individual or Join/Group Filing (Check Applicable Line)                   

x     Form filed by One Reporting Person                      
-----                                                             
Form filed by More than One Reporting Person      
-----                                                             

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                                      TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED                                       

1. Title of security                            2. Amount of Securities         3. Ownership         4. Nature of Indirect          
   (Inst.4)                                        Beneficially Owned              Form: Direct (D)     Beneficial Ownership        
                                                   (Instr. 4)                      or Indirect (I)      (Instr. 5)                  
                                                                                   (Inst. 5)                                        
----------------------------------------------  ------------------------------  -------------------  -------------------------------
                                                                                                                                    
Class A Common Stock                               2,000                                D                                           

----------------------------------------------  ------------------------------  -------------------  -------------------------------
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 5(b)(v).                                    SEC 1473(8-92)

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FORM 3 (CONTINUED)                 TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS,                                
                                         CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)                                          

1. Title of Derivative Security                      2. Date Exercisable and   3. Title and Amount of Securities Underlying         
   (Instr. 4)                                           Expiration Date           Derivative Security (Instr. 4)                    
                                                        (Month/Day/Year)                                                            
                                                                                                       Amount or                    
                                                     Date         Expiration            Title          Number of                    
                                                     Exercisable  Date                                 Shares                       
---------------------------------------------------  -----------  -----------  ----------------------  -----------------------------
                                                                                                                                    
Option issued pursuant to Issuer's 1997 Stock                                                                                       
Option Plan for Non-Employee Directors (Right                                                                                       
to Buy)                                                  (1)       1/12/2008    Class A Common Stock    7,500                       

---------------------------------------------------  -----------  -----------  ----------------------  -----------------------------


 4. Conversion or             5. Ownership           6. Nature of Indirect                                                          
    Exercise Price of            Form of                Beneficial Ownership                                                        
    Derivative                   Derivative             (Instr. 5)                                                                  
    Security                     Security:                                                                                          
                                 Direct (D) or                                                                                      
                                 Indirect (I)                                                                                       
                                 (Instr. 5)                                                                                         
----------------------------  ---------------------  ------------------------------------------------                               
                                                                                                                                    

    $22.90625                         D                                                                                             

----------------------------  ---------------------  ------------------------------------------------                               

Explanation of Responses:                                                       

(1) The option was granted on January 12, 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 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/ Frank A. Bennack, Jr.                         January 19, 1998
-----------------------------------------------       ----------------------    
**Signature of Reporting Person                           Date          

Dates Referenced Herein

				Referenced-On Page
This ‘3’ Filing		Date		First		Last			Other Filings
		9/30/98		1					None on these Dates
Filed on:		1/20/98
		1/19/98		2
		1/12/98		2
For Period end:		1/1/98
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