Efraim Grinberg - 29 Mar 2024 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
29 Mar 2024
Net transactions value
-$505,812
Form type
4
Filing time
02 Apr 2024, 17:43:36 UTC
Previous filing
15 Jan 2025
Next filing
03 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOV Common Stock Tax liability $505,812 -18,110 -13% $27.93 124,172 29 Mar 2024 Direct F1
holding MOV Common Stock 17,715 29 Mar 2024 By trust
holding MOV Common Stock 9,935 29 Mar 2024 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 +241 +0.65% $0.000000 37,037 31 Mar 2024 Common Stock 241 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares withheld by the company to satisfy the tax withholding obligations upon the vesting of stock awards previously granted on March 29, 2021.
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.