Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  KENNEDY THOMAS M
 2. Date of Event Requiring Statement (Month/Day/Year)
06/26/2012		 3. Issuer Name and Ticker or Trading Symbol
FOSSIL INC [FOSL]
(Last)
(First)
(Middle)
901 S. CENTRAL EXPRESSWAY		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

RICHARDSON, TX 75080		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 7,793 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: 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
Stock Appreciation Right 01/15/2011(2) 01/15/2018 Common Stock 2,640 $ 35.78 D  
Stock Appreciation Right 03/15/2011(3) 03/15/2018 Common Stock 2,200 $ 38.395 D  
Stock Appreciation Right 03/15/2012(4) 03/15/2019 Common Stock 1,985 $ 81.23 D  
Stock Appreciation Right 03/15/2013(5) 03/15/2020 Common Stock 1,302 $ 127.835 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KENNEDY THOMAS M
901 S. CENTRAL EXPRESSWAY
RICHARDSON, TX 75080		       Executive Vice President  

Signatures

/s/ Thomas M. Kennedy 07/06/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Includes 7,169 restricted stock units.
(2) 660 previously vested on 1/15/12; 660 each becoming exercisable on 1/15/13, 1/15/14, and 1/15/15, cumulatively.
(3) 1,100 previously vested on 3/15/12; 1,100 becoming exercisable on 3/15/13.
(4) 662 previously vested on 3/15/12; 661 becoming exercisable on 3/15/13, and 662 becoming exercisable on 3/15/14, cumulatively.
(5) 30% each becoming exercisable on 3/15/13, 3/15/14, and 3/15/15, cumulatively.
 
Remarks:
POWER OF ATTORNEY: KNOW ALL MEN BY THESE PRESENTS, that Thomas M. Kennedy hereby constitutes and appoints Randy S. Hyne as attorney-in-fact with power and authority to act on behalf of the undersigned as follows:  To execute and file with the United States Securities and Exchange Commission Forms 3, 4, 5, and 144, and any amendments thereto, regarding transactions in Fossil, Inc. stock.  Any person receiving a duly executed copy or facsimile of this instrument may rely on the authority of the attorney-in-fact as hereinabove set forth, and revocation or termination of this Power of Attorney by operation of law or otherwise shall be ineffective as to such person unless and until such person receives actual notice or knowledge of such revocation.  IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney this 28th day of June, 2012.  /s/ Thomas M. Kennedy

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