MOVADO GROUP INC — Director's Dealing 2006

Mar 22, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2006-03-08

Reporting Person: GRINBERG GROUP PARTNERS (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-08	Class A Common Stock	$	J	80156	Disposed		Common Stock (80156)	Indirect

Footnotes

F1: 1 for 1

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

F3: Immediately

F4: Not applicable

F5: By Grinberg Partners L.P.