G III APPAREL GROUP LTD /DE/ — Director's Dealing 2011

Jun 29, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: G III APPAREL GROUP LTD /DE/ (GIII)
CIK: 0000821002
Period of Report: 2011-06-27

Reporting Person: GOLDFARB MORRIS (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-27	Common Stock, Par Value $.01 Per Share	M	37500	—	Acquired	2962340	Direct
2011-06-28	Common Stock, Par Value $.01 Per Share	F	17079	$33.92	Disposed	2945261	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-27	Restricted Stock Units	$0	M	37500	Disposed	2012-06-26	Common Stock (37500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01 Per Share	108375	Indirect
Common Stock, Par Value $.01 Per Share	14833	Indirect
Common Stock, Par Value $.01 Per Share	40000	Indirect

Footnotes

F1: Represents shares sold to satisfy the Reporting Person's tax obligations in connection with the vesting of 37,500 restricted stock units.

F2: The reported price represents the weighted average price for shares sold in multiple transactions ranging from $33.55 to $34.4086. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.