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

Role
Chairman - CEO, Director, 10%+ Owner
Signature
/s/ Mitchell C. Sussis, attorney-in-fact
Stock symbol
MOV
Transactions as of
Dec 27, 2021
Transactions value $
-$1,067,839
Form type
4/A - Amendment
Date filed
12/30/2021, 02:07 PM
Date Of Original Report
Dec 29, 2021
Previous filing
Dec 23, 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 Sale -$146K -3.5K -3.25% $41.80 104K Dec 27, 2021 Direct F1
transaction MOV Common Stock Options Exercise $1.21M +43.4K +41.81% $27.74 147K Dec 27, 2021 Direct
transaction MOV Common Stock Options Exercise $1.34M +57.3K +38.89% $23.35 205K Dec 27, 2021 Direct
transaction MOV Common Stock Tax liability -$3.21M -76.8K -37.55% $41.82 128K Dec 27, 2021 Direct
transaction MOV Common Stock Sale -$125K -3K -2.35% $41.61 125K Dec 28, 2021 Direct F2
transaction MOV Common Stock Sale -$126K -3K -2.4% $42.16 122K Dec 29, 2021 Direct F3
holding MOV Common Stock 17.7K Dec 27, 2021 By trust
holding MOV Common Stock 9.94K Dec 27, 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 +43.4K $0.00* 0 Dec 27, 2021 Common Stock 43.4K $27.74 Direct
transaction MOV Employee Stock Option Options Exercise $0 +57.3K $0.00* 0 Dec 27, 2021 Common Stock 57.3K $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.