Efraim Grinberg - 27 Dec 2021 Form 4/A - Amendment Insider Report for MOVADO GROUP INC (MOV)

Signature
/s/ Mitchell C. Sussis, attorney-in-fact
Issuer symbol
MOV
Transactions as of
27 Dec 2021
Net transactions value
-$1,067,839
Form type
4/A - Amendment
Filing time
30 Dec 2021, 14:07:18 UTC
Date Of Original Report
29 Dec 2021
Previous filing
23 Dec 2021
Next filing
03 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOV Common Stock Sale $146,133 -3,496 -3.3% $41.80 103,908 27 Dec 2021 Direct F1
transaction MOV Common Stock Options Exercise $1,205,026 +43,440 +42% $27.74 147,348 27 Dec 2021 Direct
transaction MOV Common Stock Options Exercise $1,337,955 +57,300 +39% $23.35 204,648 27 Dec 2021 Direct
transaction MOV Common Stock Tax liability $3,213,365 -76,838 -38% $41.82 127,810 27 Dec 2021 Direct
transaction MOV Common Stock Sale $124,830 -3,000 -2.3% $41.61 124,810 28 Dec 2021 Direct F2
transaction MOV Common Stock Sale $126,492 -3,000 -2.4% $42.16 121,810 29 Dec 2021 Direct F3
holding MOV Common Stock 17,715 27 Dec 2021 By trust
holding MOV Common Stock 9,935 27 Dec 2021 By IRA

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 +43,440 $0.000000* 0 27 Dec 2021 Common Stock 43,440 $27.74 Direct
transaction MOV Employee Stock Option Options Exercise $0 +57,300 $0.000000* 0 27 Dec 2021 Common Stock 57,300 $23.35 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 3,496 shares were sold in multiple transactions at prices ranging from $41.65 to $41.93, 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. The price in column 4 is a weighted average price.
F2 The price in column 4 is a weighted average price. The 3,000 shares were sold in multiple transactions at prices ranging from $41.18 to $41.98, 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. The price in column 4 is a weighted average price.
F3 The price in column 4 is a weighted average price. The 3,000 shares were sold in multiple transactions at prices ranging from $42.00 to $42.27, 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 eachprice within the range. The price in column 4 is a weighted average price.

Remarks:

The original Form 4 filed December 29, 2021 is being amended to correct the total number of securities beneficially owned, which were overstated in the original Form 4 due to a clerical error.