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G III APPAREL GROUP LTD /DE/ — Director's Dealing 2021
Jun 30, 2021
32132_dirs_2021-06-30_0650afc7-4fae-496a-9ea2-3fb6a8079825.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: G III APPAREL GROUP LTD /DE/ (GIII)
CIK: 0000821002
Period of Report: 2021-03-16
Reporting Person: Aaron Sammy (Director, Vice Chairman and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-16 | Common Stock, Par Value $.01 Per Share | A | 42422 | — | Acquired | 511869 | Direct |
Footnotes
F1: Consists of restricted stock units ("RSUs") each representing a contingent right to receive one share of common stock of G-III Apparel Group, Ltd ("G-III"). The RSUs will cliff vest on April 1, 2024 only if the Reporting Person remains employed by or continues to provide services to G-III.
F2: The amended Amount of Securities Acquired reflects that on June 28, 2021, the Compensation Committee amended the March 16, 2021 RSU award to consist of (a) the retention of 50% of the RSUs awarded and (b) performance share units subject to several performance conditions, in lieu of 50% of the RSUs awarded, as further described in the issuer's Form 8-K filed on June 30, 2021.
F3: Reflects the amendment described in footnote (2). Does not reflect the intervening transaction reported on the Reporting Person's Form 4 filed on 6/16/2021.