MOVADO GROUP INC — Director's Dealing 2006

Apr 13, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: GRINBERG ALEXANDER (10% Owner)

Derivative Transactions

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