MOVADO GROUP INC — Director's Dealing 2005

Apr 1, 2005

SEC Form 4/A — Form 4/A

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2005-03-16

Reporting Person: PHALEN MIRIAM GRINBERG (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-16	Class A Common Stock	$	J	8650	Acquired		Common Stock (8650)	Direct
2005-03-16	Class A Common Stock	$	J	663	Acquired		Common Stock (663)	Indirect
2005-03-16	Class A Common Stock	$	J	663	Acquired		Common Stock (663)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Stock	$		Common Stock (0)	5000	Indirect

Footnotes

F1: 1 for 1

F2: Distribution by Grinberg Partners L.P. in which reporting person is a limited partner

F3: Immediately

F4: Not Applicable

F5: The reporting person also has an indirect pecuniary interest in an additional 509,990 shares of Class A Common Stock, of
which (i) 184,356 are owned by a trust and 287,634 are owned by another trust, for both of which trusts the reporting person
is the beneficiary and (ii) 38,000 are owned by CAP I Partners, L.P. in which the reporting person is a limited partner. The
reporting person disclaims beneficial ownership of the shares held by CAP I Partners, L.P., except to the extent of her
pecuniary interest therein.

F6: By Adrian Phalen Trust

F7: By Nathan Phalen Trust.