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MOVADO GROUP INC Director's Dealing 2005

Jul 7, 2005

32997_dirs_2005-07-07_5a474d76-db38-4dbe-b613-96b53f3a21bb.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: 2005-07-06

Reporting Person: MICHNO TIMOTHY F (Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-07-06	Common Stock	M	3200	$9.73	Acquired	7198	Direct
2005-07-06	Common Stock	S	3200	$19.15	Disposed	3998	Direct
2005-07-06	Common Stock	M	10000	$7.19	Acquired	13998	Direct
2005-07-06	Common Stock	S	10000	$19.15	Disposed	3998	Direct
2005-07-06	Common Stock	M	1800	$4.25	Acquired	5798	Direct
2005-07-06	Common Stock	S	1800	$19.15	Disposed	3998	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-07-06	Employee Stock Option	$9.73	M	3200	Disposed	2012-03-11	Common Stock (3200)	Direct
2005-07-06	Employee Stock Option	$7.19	M	10000	Disposed	2011-03-16	Common Stock (10000)	Direct
2005-07-06	Employee Stock Option	$4.25	M	1800	Disposed	2010-05-17	Common Stock (1800)	Direct