G III APPAREL GROUP LTD /DE/ — Director's Dealing 2012

Mar 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: G III APPAREL GROUP LTD /DE/ (GIII)
CIK: 0000821002
Period of Report: 2012-03-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-20	Common Stock, Par Value $.01 Per Share	S	10098	$26.1813	Disposed	3095763	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 obligation in connection with the vesting of 22,500 restricted stock units.

F2: The reported price represents the weighted average price for shares sold in multiple transactions ranging from $26.15 to $26.25. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.