MOVADO GROUP INC — Director's Dealing 2005

Mar 24, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2005-03-22

Reporting Person: COTE RICHARD (Director, Executive V.P. - COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-22	Common Stock	A	10000	$0.00	Acquired	437595	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-22	Employee Stock Option	$18.34	A	50000	Acquired	2015-03-22	Common Stock (50000)	Direct

Footnotes

F1: The reporting person also has an indirect pecuniary interest in an additional 2,200 shares of common stock which are owned by
a trust for the benefit of his children.