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G III APPAREL GROUP LTD /DE/ Director's Dealing 2013

Jun 12, 2013

32132_dirs_2013-06-12_f1d23ab2-3ba4-44df-955a-926df4b9015c.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: 2013-06-10

Reporting Person: BROSIG THOMAS (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-06-10 Common Stock, Par Value $.01 Per Share M 600 $15.41 Acquired 6600 Direct
2013-06-10 Common Stock, Par Value $.01 Per Share S 600 $49.6493 Disposed 6000 Direct
2013-06-10 Common Stock, Par Value $.01 Per Share M 600 $11.10 Acquired 6600 Direct
2013-06-10 Common Stock, Par Value $.01 Per Share S 600 $49.6493 Disposed 6000 Direct
2013-06-10 Common Stock, Par Value $.01 Per Share M 600 $25.01 Acquired 6600 Direct
2013-06-10 Common Stock, Par Value $.01 Per Share S 600 $49.6493 Disposed 6000 Direct
2013-06-10 Common Stock, Par Value $.01 Per Share S 800 $49.5601 Disposed 5200 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-06-10 Stock Option (Right to Buy) $15.41 M 600 Disposed 2018-06-09 Common Stock (600) Direct
2013-06-10 Stock Option (Right to Buy) $11.10 M 600 Disposed 2019-06-10 Common Stock (600) Direct
2013-06-10 Stock Option (Right to Buy) $25.01 M 600 Disposed 2020-06-09 Common Stock, Par Value $.01 Per Share (600) Direct

Footnotes

F1: The reported price represents the weighted average price for shares sold in multiple transactions ranging from $49.6401 to $49.65. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.

F2: The option is subject to vesting at an annual rate of 20% commencing on the first anniversary of the grant date.