MOVADO GROUP INC — Director's Dealing 2014

May 29, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2014-05-27

Reporting Person: COTE RICHARD (Director, President - COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-27	Common Stock	M	30000	$18.41	Acquired	387957	Direct
2014-05-27	Common Stock	M	35000	$22.04	Acquired	422957	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-27	Employee Stock Option	$18.41	M	30000	Disposed	2016-05-31	Common Stock (30000)	Direct
2014-05-27	Employee Stock Option	$22.04	M	35000	Disposed	2018-04-28	Common Stock (35000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	171508	Indirect

Footnotes

F1: Shares held in trust for the benefit of the reporting person's children in which the reporting person has an indirect pecuniary interest.