MOVADO GROUP INC — Director's Dealing 2009

Jun 18, 2009

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2009-06-18

Reporting Person: Morelli Francis Anthony (Sr VP Global Bus. Proc. & CIO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23041	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$20.22	2016-02-13	Common Stock (10000)		Direct
Phantom Stock Units	$		Common Stock (496.14)		Direct

Footnotes

F1: The option vested in three equal annual installments beginning on February 13, 2006.

F2: Phantom stock units acquired under issuer's Deferred Compensation Plan. Distributable in equal annual installments for 10
years following date of reporting person's termination of employment with issuer.

F3: Not applicable