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MOVADO GROUP INC — Director's Dealing 2022
Jan 3, 2022
32997_dirs_2022-01-03_de1d8abf-53bc-4e49-8358-61b1ec6e4103.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MOVADO GROUP INC (MOV)
CIK: 0000072573
Period of Report: 2021-12-31
Reporting Person: GRINBERG ALEXANDER (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-03 | Common Stock | S | 4935 | $43.046 | Disposed | 4066 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-31 | Phantom Stock Unit | $ | A | 21.88 | Acquired | Common Stock (21.88) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4935 | Indirect |
| Common Stock | 6426 | Indirect |
Footnotes
F1: The price in column 4 is a weighted average price. The 4,935 shares were sold in multiple transactions at prices ranging from $42.40 to $43.81, inclusive. Thereporting 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 ateach price within the range. The price in column 4 is a weighted average price.
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.