MOVADO GROUP INC — Director's Dealing 2007

May 2, 2007

SEC Form 4/A — Form 4/A

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2007-04-30

Reporting Person: COTE RICHARD (Director, Executive VP - COO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-30	Employee Stock Option	$32.92	A	24000	Acquired	2017-04-30	Common Stock (24000)	Direct

Footnotes

F1: The option vests in three equal annual installments beginning April 30, 2008.