Behzad Soltani - 27 Sep 2021 Form 4 Insider Report for MOVADO GROUP INC (MOV)

Signature
/s/ Mitchell C. Sussis attorney-in-fact
Issuer symbol
MOV
Transactions as of
27 Sep 2021
Net transactions value
$0
Form type
4
Filing time
29 Sep 2021, 16:32:05 UTC
Previous filing
01 Jul 2021
Next filing
29 Nov 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 +77 +18% $0.000000 502 27 Sep 2021 Common Stock 77 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.