MOVADO GROUP INC — Director's Dealing 2007

Dec 6, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2007-12-04

Reporting Person: BURNS JOHN C (Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-04	Common Stock	A	2000	—	Acquired	2000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-04	Employee Stock Option	$26.08	A	4000	Acquired	2017-12-04	Common Stock (4000)	Direct

Footnotes

F1: The option vests in three equal annual installments beginning December 4, 2008.