GRINBERG ALEXANDER - 31 Dec 2021 Form 4/A - Amendment Insider Report for MOVADO GROUP INC (MOV)

Role
Director
Signature
/s/ Mitchell C. Sussis, attorney-in-fact
Issuer symbol
MOV
Transactions as of
31 Dec 2021
Transactions value $
-$212,432
Form type
4/A - Amendment
Filing time
06 Jan 2022, 16:40:27 UTC
Date Of Original Report
03 Jan 2022
Previous filing
06 Jan 2022
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 -$212K -4.94K -17.02% $43.05 24.1K 03 Jan 2022 Direct F1
holding MOV Common Stock 4.94K 31 Dec 2021 By IRA
holding MOV Common Stock 6.43K 31 Dec 2021 By trust

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 +21.9 +0.98% $0.00 2.25K 31 Dec 2021 Common Stock 21.9 Direct F2, F3
* 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 4,935 shares were sold in multiple transactions at prices ranging from $42.40 to $43.81, inclusive. Thereporting 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 ateach price within the range. The price in column 4 is a weighted average price.
F2 Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
F3 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.

Remarks:

The original Form 4 filed January 3, 2022 is being amended to correct the total number of securities beneficially owned, which were understated in the original Form 4 due to a clerical error.