Mitchell Cole Sussis - Jun 29, 2021 Form 4 Insider Report for MOVADO GROUP INC (MOV)

Role
Senior VP and General Counsel
Signature
/s/ Mitchell Cole Sussis
Stock symbol
MOV
Transactions as of
Jun 29, 2021
Transactions value $
$0
Form type
4
Date filed
7/1/2021, 04:23 PM
Next filing
Aug 30, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MOV Phantom Stock Unit Award $0 +34.9 +5.12% $0.00 717 Jun 29, 2021 Common Stock 34.9 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
F2 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.