Efraim Grinberg - 30 Dec 2021 Form 4 Insider Report for MOVADO GROUP INC (MOV)

Role
Chairman - CEO, Director, 10%+ Owner
Signature
/s/ Mitchell C. Sussis, attorney-in-fact
Issuer symbol
MOV
Transactions as of
30 Dec 2021
Net transactions value
-$671,796
Form type
4
Filing time
03 Jan 2022, 17:32:16 UTC
Previous filing
30 Dec 2021
Next filing
06 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOV Common Stock Sale $210,565 -5,000 -4.1% $42.11 116,810 30 Dec 2021 Direct F1
transaction MOV Common Stock Sale $125,286 -3,000 -2.6% $41.76 113,810 31 Dec 2021 Direct F2
transaction MOV Common Stock Sale $335,945 -7,889 -6.9% $42.58 105,921 03 Jan 2022 Direct F3
holding MOV Common Stock 17,715 30 Dec 2021 By trust
holding MOV Common Stock 9,935 30 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 Phantom Stock Unit Award $0 +625 +1.9% $0.000000 34,027 31 Dec 2021 Common Stock 625 Direct F4, F5
* 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 5,000 shares were sold in multiple transactions at prices ranging from $41.76 to $42.42, 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 $41.57 to $42.02, 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 7,889 shares were sold in multiple transactions at prices ranging from $42.01 to $43.80, 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.
F4 Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
F5 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.