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MOVADO GROUP INC Director's Dealing 2003

Jul 2, 2003

32997_dirs_2003-07-02_126a6bb4-041e-4f56-883e-b6434629f67b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2003-06-30

Reporting Person: GRINBERG EFRAIM (Director, President - CEO, 10% Owner)

Footnotes

F1: Phantom stock units acquired under issuer's Deferred Compensation Plan for 21.75 per share. Distributable in equal annual installments for 10 years following date of reporting person's termination of employment with issuer.