MOVADO GROUP INC — Director's Dealing 2016

Jan 7, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2016-01-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-05	Common Stock	M	10000	$20.215	Acquired	45138	Direct
2016-01-05	Common Stock	S	10000	$24.3093	Disposed	35138	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-05	Non-qualified employee stock option	$20.215	M	10000	Acquired	2016-02-13	Common Stock (10000)	Direct

Footnotes

F1: The options vested and became exercisable in three equal annual installments beginning on February 13, 2007.