Michelle Kennedy - Dec 29, 2023 Form 4 Insider Report for MOVADO GROUP INC (MOV)

Signature
/s/ Mitchell C. Sussis, attorney-in-fact
Stock symbol
MOV
Transactions as of
Dec 29, 2023
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 04:35 PM
Previous filing
Oct 3, 2023
Next filing
Mar 29, 2024

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 +36.2 +38.69% $0.00 130 Dec 29, 2023 Common Stock 36.2 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
F2 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.