G III APPAREL GROUP LTD /DE/ — Director's Dealing 2015

May 14, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: G III APPAREL GROUP LTD /DE/ (GIII)
CIK: 0000821002
Period of Report: 2015-05-12

Reporting Person: Aaron Sammy (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-12	Common Stock, Par Value $.01 Per Share	A	88230	—	Acquired	581930	Direct

Footnotes

F1: The above-named person will be entitled to receive:
(a) 35,292 shares of common stock on an April 12, 2019 vesting date, provided that (i) the above-named person is continuously employed by, or provides other service to, the Company through that date and (ii) during any period of twenty consecutive trading days subsequent to May 12, 2015 (the "Reference Date") and on or prior to April 12, 2019, the average closing price of the Company's common stock is at least $65.17 (which is 15% greater than the closing price of the Company's common stock on the Nasdaq Global Select Market on the Reference Date); and
(b) 52,938 shares of common stock on a June 12, 2020 vesting date, provided that (i) the above-named person is continuously employed by, or provides other service to, the Company through that date and (ii) during any period of twenty consecutive trading days subsequent to Reference Date and on or prior to June 12, 2020, the average closing price of the Company's common stock is at least $68.00 (which is 20% greater than the closing price of the Company's common stock on the Nasdaq Global Select Market on the Reference Date).