Sallie A. Demarsilis - Nov 24, 2021 Form 4 Insider Report for MOVADO GROUP INC (MOV)

Role: Chief Financial Officer
Signature: /s/ Mitchell C. Sussis, attorney-in-fact
Stock symbol: MOV
Transactions as of: Nov 24, 2021
Transactions value $: -$330,222
Form type: 4
Date filed: 11/29/2021, 03:28 PM
Previous filing: Sep 29, 2021
Next filing: Jan 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MOV	Common Stock	Options Exercise	$500K	+18.8K	+33.37%	$26.59	75.1K	Nov 24, 2021	Direct
transaction	MOV	Common Stock	Sale	-$830K	-18.8K	-25.02%	$44.16	56.3K	Nov 24, 2021	Direct	F1

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	Employee Stock Option	Options Exercise	$0	-18.8K	-100%	$0.00^*	0	Nov 24, 2021	Common Stock	18.8K	$26.59	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price in column 4 is a weighted average price. The 18,800 shares were sold at prices ranging from $43.19 to $44.65, inclusive. The reporting 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 at each price within the range.