MOVADO GROUP INC — Director's Dealing 2005

Sep 14, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2005-09-12

Reporting Person: KIMICK FRANK (Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-09-12	Common Stock	M	2400	$4.25	Acquired	6946	Direct
2005-09-12	Common Stock	S	2400	$19.85	Disposed	4546	Direct
2005-09-12	Common Stock	M	2732	$7.19	Acquired	7278	Direct
2005-09-12	Common Stock	S	2732	$19.85	Disposed	4546	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-09-12	Employee Stock Option	$4.25	M	2400	Disposed	2015-05-17	Common Stock (2400)	Direct
2005-09-12	Employee Stock Option	$7.19	M	2732	Disposed	2011-03-16	Common Stock (2732)	Direct