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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of the high and low sales prices of our common stock on such date, multiplied by the number of shares of common stock withdrawn from the corresponding GRAT.