MOVADO GROUP INC — Director's Dealing 2010

Dec 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2010-12-17

Reporting Person: ORESMAN DONALD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-17	Common Stock	M	6000	$7.19	Acquired	17766	Direct
2010-12-17	Common Stock	F	2721	$15.86	Disposed	15045	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-17	Stock Option	$7.19	M	6000	Disposed	2011-03-16	Common Stock (6000)	Direct