MOVADO GROUP INC — Director's Dealing 2012

Aug 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2012-08-29

Reporting Person: PHALEN MIRIAM GRINBERG (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-29	Common Stock	M	20000	$14.05	Acquired	48961	Indirect
2012-08-29	Common Stock	S	20000	$34.77	Disposed	28961	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-29	Non-Qualified Stock Option (right to buy)	$14.05	M	20000	Disposed	2014-08-27	Common Stock (20000)	Indirect

Footnotes

F1: The price in column 4 is a weighted average price. The 20,000 shares were sold in multiple transactions at prices ranging from $34.50 to $35.75, inclusive. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within each range.