MOVADO GROUP INC — Director's Dealing 2005

Apr 7, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2005-04-06

Reporting Person: MICHNO TIMOTHY F (Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-06	Common Stock	M	3200	$4.25	Acquired	5199	Direct
2005-04-06	Common Stock	S	3200	$18.20	Disposed	1999	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-06	Employee Stock Option	$4.25	M	3200	Disposed	2011-03-16	Common Stock (3200)	Direct