MOVADO GROUP INC — Director's Dealing 2005

Jul 19, 2005

SEC Form 5/A — Form 5/A

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2005-01-31

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-13	Class A Common Stock	$	G	20000	Disposed		Common Stock (20000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Stock	$		Common Stock (2531354)	2531354	Indirect

Footnotes

F1: 1 for 1.

F2: Immediately.

F3: Not applicable.

F4: Includes indirect pecuniary interests in 287,672 and 184,356 shares of class A common stock owned, respectively, by two
separate trusts for both of which the reporting persons is the beneficiary. Initial Form 5 inadvertently omitted this
footnote.

F5: By Grinberg Partners L.P. The reporting person disclaims beneficial ownership of these shares except to the extent of his
pecuniary interest therein.