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G III APPAREL GROUP LTD /DE/ — Director's Dealing 2016
Apr 18, 2016
32132_dirs_2016-04-18_0e41ecc6-632b-45ca-8ef5-0641ec4f515d.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: 2016-04-14
Reporting Person: POMERANTZ LAURA H (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-04-14 | Common Stock, Par Value $.01 Per Share | M | 1200 | $4.10 | Acquired | 17035 | Direct |
| 2016-04-14 | Common Stock, Par Value $.01 Per Share | S | 109 | $45.3929 | Disposed | 16926 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-04-14 | Stock Option (Right to Buy) | $4.10 | M | 1200 | Disposed | 2016-06-09 | Common Stock (1200) | Direct |
Footnotes
F1: Represents shares sold to cover the cost of the shares issued to the reporting person in connection with the exercise of 1,200 stock options.
F2: The reported price represents the weighted average price for shares sold in multiple transactions ranging from $45.37 to $45.40. The details of the amounts and prices will be provided to the Issuer, any shareholders of the Issuer or the SEC on request.
F3: The option is subject to vesting at an annual rate of 20% commencing on the first anniversary of the grant date.
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