MOVADO GROUP INC — Director's Dealing 2006

Apr 17, 2006

SEC Form 4/A — Form 4/A

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2006-04-11

Reporting Person: GRINBERG ALEXANDER (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-04-11	Common Stock	M	10000	$12.50	Acquired	18362	Direct
2006-04-11	Common Stock	S	10000	$21.08	Disposed	8362	Direct
2006-04-11	Common Stock	M	3334	$9.73	Acquired	11696	Direct
2006-04-11	Common Stock	S	3334	$21.08	Disposed	8362	Direct
2006-04-11	Common Stock	M	4800	$4.25	Acquired	13162	Direct
2006-04-11	Common Stock	S	4800	$21.08	Disposed	8362	Direct
2006-04-11	Common Stock	M	2300	$13.25	Acquired	10662	Direct
2006-04-11	Common Stock	S	2300	$21.08	Disposed	8362	Direct
2006-04-12	Common Stock	M	2700	$13.25	Acquired	11062	Direct
2006-04-12	Common Stock	S	2700	$21.24	Disposed	8362	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-04-11	Employee Stock Option	$12.50	M	10000	Disposed	2012-03-11	Common Stock (10000)	Direct
2006-04-11	Employee Stock Option	$9.73	M	3334	Disposed	2012-03-11	Common Stock (3334)	Direct
2006-04-11	Employee Stock Option	$4.25	M	4800	Disposed	2010-05-17	Common Stock (4800)	Direct
2006-04-11	Employee Stock Option	$13.25	M	2300	Disposed	2008-03-26	Common Stock (2300)	Direct
2006-04-12	Employee Stock Option	$13.25	M	2700	Disposed	2008-03-26	Common Stock (2700)	Direct

Footnotes

F1: Initial Form 4 inadvertently omitted conversion of Employee Stock Option to Common Stock.

F2: Initial Form 4 inadvertently labeled derivitive security as Class A Common Stock.