FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SILVERSTEIN STANLEY P
2. Issuer Name and Ticker or Trading Symbol

WARNACO GROUP INC /DE/ [ WRC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Exec VP, Int'l St'gy & Bus Dev
(Last)          (First)          (Middle)

C/O THE WARNACO GROUP, INC., 501 SEVENTH AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

12/6/2012
(Street)

NEW YORK, NY 10018
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, par value $0.01 per share   12/6/2012     M    24000   A $23.21   39112   D    
Common Stock, par value $0.01 per share   12/6/2012     M    15900   A $27.07   55012   D    
Common Stock, par value $0.01 per share   12/6/2012     M    16150   A $50.13   71162   D    
Common Stock, par value $0.01 per share   12/6/2012     M    28950   A $27.02   100112   D    
Common Stock, par value $0.01 per share   12/6/2012     M    8567   A $43.28   108679   D    
Common Stock, par value $0.01 per share   12/6/2012     M    3050   A $55.57   111729   D    
Common Stock, par value $0.01 per share   12/6/2012     S    96617   D $71.4307   (1) 15112   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Employee stock options (right to purchase)   $23.21   12/6/2012     M         24000      (2) 2/28/2016   Common Stock, par value $0.01 per share   24000   $0.00   0   D    
Employee stock options (right to purchase)   $27.07   12/6/2012     M         15900      (3) 3/7/2017   Common Stock, par value $0.01 per share   15900   $0.00   0   D    
Employee stock options (right to purchase)   $50.13   12/6/2012     M         16150      (4) 5/14/2018   Common Stock, par value $0.01 per share   16150   $0.00   0   D    
Employee stock options (right to purchase)   $27.02   12/6/2012     M         28950      (5) 5/13/2019   Common Stock, par value $0.01 per share   28950   $0.00   0   D    
Employee stock options (right to purchase)   $43.28   12/6/2012     M         8567      (6) 3/3/2020   Common Stock, par value $0.01 per share   8567   $0.00   4283   D    
Employee stock options (right to purchase)   $55.57   12/6/2012     M         3050      (7) 3/1/2021   Common Stock, par value $0.01 per share   3050   $0.00   6100   D    

Explanation of Responses:
( 1)  This transaction was executed in multiple trades at prices ranging from $71.00 to $71.53. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
( 2)  These options became fully vested on February 28, 2009.
( 3)  These options became fully vested on March 7, 2010.
( 4)  These options became fully vested on March 5, 2011.
( 5)  These options became fully vested on March 4, 2012.
( 6)  One-third of the options vested on March 3, 2011 and an additional one-third of the options vested on March 3, 2012. The remaining one-third of the options vest on March 3, 2013. If Mr. Silverstein's employement is terminated other than for cause, the options will continue to vest through March 3, 2013, subject to certain conditions.
( 7)  One-third of the options vest on March 1, 2012. An additional one-third of the options vest on March 1, 2013 and the remaining one-third of the options vest on March 1, 2014. If Mr. Silverstein's employement is terminated other than for cause, the options will continue to vest through March 1, 2014, subject to certain conditions.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SILVERSTEIN STANLEY P
C/O THE WARNACO GROUP, INC.
501 SEVENTH AVENUE
NEW YORK, NY 10018


Exec VP, Int'l St'gy & Bus Dev

Signatures
/s/ Ericka Alford as Attorney-in-Fact for Stanley P. Silverstein 12/10/2012
** 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 control number.
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