Efraim Grinberg - Mar 28, 2022 Form 4 Insider Report for MOVADO GROUP INC (MOV)

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.