MOVADO GROUP INC — Director's Dealing 2005

Jun 8, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2005-06-07

Reporting Person: MICHNO TIMOTHY F (Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-07	Common Stock	M	2376	$6.53	Acquired	6374	Direct
2005-06-07	Common Stock	S	2376	$18.52	Disposed	3998	Direct
2005-06-07	Common Stock	M	6000	$12.00	Acquired	9998	Direct
2005-06-07	Common Stock	S	6000	$18.52	Disposed	3998	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-07	Employee Stock Option	$6.53	M	2376	Disposed	2007-03-25	Common Stock (2376)	Direct
2005-06-07	Employee Stock Option	$12.00	M	6000	Disposed	2009-03-30	Common Stock (6000)	Direct