Efraim Grinberg - Mar 28, 2022 Form 4 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: Mar 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/4/2022, 04:12 PM
Previous filing: Jan 10, 2022
Next filing: Apr 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MOV	Common Stock	Award	$0	+24.6K	+26.09%	$0.00	119K	Mar 28, 2022	Direct
holding	MOV	Common Stock						17.7K	Mar 28, 2022	By trust
holding	MOV	Common Stock						9.94K	Mar 28, 2022	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	Award	$0	+63.3K		$0.00	63.3K	Mar 28, 2022	Common Stock	63.3K	$38.04	Direct	F1
transaction	MOV	Phantom Stock Unit	Award	$0	+148	+0.43%	$0.00	34.2K	Mar 31, 2022	Common Stock	148		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	The employee stock option will vest three years from issuance.
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.