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

Jun 10, 2011

32132_dirs_2011-06-10_a64aea2e-5cfa-4fa7-a106-d7af15121340.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: G III APPAREL GROUP LTD /DE/ (GIII)
CIK: 0000821002
Period of Report: 2011-05-25

Reporting Person: Aaron Sammy (Director, Vice Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-25 Common Stock, Par Value $.01 Per Share J 53859 $40.57 Acquired 125666 Direct

Footnotes

F1: Effective May 25, 2011, Mr. Aaron withdrew 53,859 shares of common stock from the Sammy Aaron 2010 GRAT in exchange for a promissory note to the trust in an amount equal to the closing market price of such shares on such date. Mr. Aaron had transferred 53,859 shares of common stock to the trust on November 15, 2010.