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MOVADO GROUP INC Director's Dealing 2004

Jul 2, 2004

32997_dirs_2004-07-02_8011ae40-4959-469b-ba91-021c8ef0d8f8.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: 2004-06-30

Reporting Person: KIMICK FRANK (Treasurer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-06-30	Phantom Stock Unit	$0	A	17.39	Acquired	1988-08-08	Common Stock (17.39)	Direct

Footnotes

F1: Phantom stock units acquired under issuer's Deferred Compensation Plan for $17.25/share. Distributable in equal annual
installments for 10 years following date of reporting person's termination of employment with issuer.