MOVADO GROUP INC — Director's Dealing 2021

Mar 31, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2021-03-29

Reporting Person: DEMARSILIS SALLIE A (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-29	Common Stock	A	6735	—	Acquired	59816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-29	Employee Stock Option	$27.62	A	18215	Acquired	2031-03-29	Common Stock (18215)	Direct
2021-03-29	Phantom Stock Unit	$	A	50.13	Acquired		Common Stock (50.13)	Direct

Footnotes

F1: The employee stock option will vest three years from issuance.

F2: Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.

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.