(GIII)

Role: CEO, Director
Signature: /s/ Morris Goldfarb
Issuer symbol: GIII
Transactions as of: 01 Apr 2024
Net transactions value: -$2,509,898
Form type: 4
Filing time: 03 Apr 2024, 20:12:36 UTC
Previous filing: 29 Mar 2024
Next filing: 26 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GIII	Common Stock, Par Value $.01 Per Share	Award	$0	+95,450	+2.3%	$0.000000	4,178,059	01 Apr 2024	Direct	F1
transaction	GIII	Common Stock, Par Value $.01 Per Share	Tax liability	$2,509,898	-87,974	-2.1%	$28.53	4,090,085	01 Apr 2024	Direct	F2
holding	GIII	Common Stock, Par Value $.01 Per Share						200,000	01 Apr 2024	Arlene Goldfarb 2012 Delaware Trust
holding	GIII	Common Stock, Par Value $.01 Per Share						166,750	01 Apr 2024	Goldfarb Family Partners, LLC
holding	GIII	Common Stock, Par Value $.01 Per Share						200,000	01 Apr 2024	Morris Goldfarb 2012 Delaware Trust
holding	GIII	Common Stock, Par Value $.01 Per Share						76,175	01 Apr 2024	The Morris And Arlene Goldfarb Family Foundation
holding	GIII	Common Stock, Par Value $.01 Per Share						29,666	01 Apr 2024	Spouse

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

Explanation of Responses:

Id	Content
F1	Consists of the vesting of 95,450 Performance Stock Units ("PSUs"), each representing a contingent right to receive one share of common stock of G-III Apparel Group, Ltd., granted on March 16, 2021, subject to the satisfaction of two metrics: (i) three-year cumulative earnings before interest and taxes ("Adjusted EBIT") and three-year average return on invested capital ("ROIC") during the three-year performance period of fiscal 2022 through fiscal 2024 (the "Performance Period"). The actual amounts to vest at the end of the Performance Period can range from 0% to 150%. The Company achieved 150% for both metrics during the Performance Period.
F2	Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 95,450 PSUs and 63,633 restricted stock units ("RSUs"). The grant of the RSUs was reported on Form 4 filed June 30, 2021.

Content

Consists of the vesting of 95,450 Performance Stock Units ("PSUs"), each representing a contingent right to receive one share of common stock of G-III Apparel Group, Ltd., granted on March 16, 2021, subject to the satisfaction of two metrics: (i) three-year cumulative earnings before interest and taxes ("Adjusted EBIT") and three-year average return on invested capital ("ROIC") during the three-year performance period of fiscal 2022 through fiscal 2024 (the "Performance Period"). The actual amounts to vest at the end of the Performance Period can range from 0% to 150%. The Company achieved 150% for both metrics during the Performance Period.

Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 95,450 PSUs and 63,633 restricted stock units ("RSUs"). The grant of the RSUs was reported on Form 4 filed June 30, 2021.