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

Apr 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: G III APPAREL GROUP LTD /DE/ (GIII)
CIK: 0000821002
Period of Report: 2011-04-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-15	Common Stock, Par Value $.01 Per Share	M	15000	—	Acquired	2931872	Direct
2011-04-18	Common Stock, Par Value $.01 Per Share	F	7032	$37.9082	Disposed	2924840	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-15	Restricted Stock Units	$0	M	15000	Disposed	2013-04-15	Common Stock (15000)	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 15,000 restricted stock units.