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G III APPAREL GROUP LTD /DE/ — Director's Dealing 2017
Dec 11, 2017
32132_dirs_2017-12-11_a6919f32-4492-4e13-9cd5-eea4d5914efc.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: 2017-12-07
Reporting Person: GOLDFARB MORRIS (Director, CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-07 | Common Stock, Par Value $.01 Per Share | J | 500000 | $34.955 | Disposed | 0 | Indirect |
| 2017-12-07 | Common Stock, Par Value $.01 Per Share | J | 500000 | $34.955 | Acquired | 3854329 | Direct |
| 2017-12-07 | Common Stock, Par Value $.01 Per Share | J | 500000 | $34.955 | Disposed | 0 | Indirect |
| 2017-12-07 | Common Stock, Par Value $.01 Per Share | J | 500000 | $34.955 | Acquired | 3354329 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, Par Value $.01 Per Share | 200000 | Indirect |
| Common Stock, Par Value $.01 Per Share | 166750 | Indirect |
| Common Stock, Par Value $.01 Per Share | 200000 | Indirect |
| Common Stock, Par Value $.01 Per Share | 29666 | Indirect |
| Common Stock, Par Value $.01 Per Share | 92802 | Indirect |
| Common Stock, Par Value $.01 Per Share | 130000 | Indirect |
| Common Stock, Par Value $.01 Per Share | 130000 | Indirect |
Footnotes
F1: Effective December 7, 2017, Mr. Goldfarb withdrew 500,000 shares of common stock from each of the Morris Goldfarb 2017 GRAT JG and the Morris Goldfarb 2017 GRAT LF in exchange for promissory notes. The principal amount of each promissory note is equal to the average of the high and low sales prices of our common stock on such date, multiplied by the number of shares of common stock withdrawn from the corresponding GRAT.
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