MOVADO GROUP INC — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2017-01-03

Reporting Person: COTE RICHARD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-03	Common Stock	M	179	—	Acquired	401226	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-03	Phantom Stock Unit	$	M	179.36	Disposed	2017-01-03	Common Stock (179.36)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	171508	Indirect

Footnotes

F1: Each share of phantom stock is the economic equivalent of one share on Movado Group, Inc. common stock.

F2: Shares held in trust for the benefit of the reporting person's children in which the reporting person has an indirect pecuniary interest.

F3: 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.