(GIII)

Role: Vice Chairman and President, Director
Signature: /s/ Sammy Aaron
Stock symbol: GIII
Transactions as of: Apr 1, 2024
Transactions value $: -$1,673,285
Form type: 4
Date filed: 4/3/2024, 08:17 PM
Previous filing: Mar 29, 2024

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	+63.6K	+24.23%	$0.00	326K	Apr 1, 2024	Direct	F1
transaction	GIII	Common Stock, Par Value $.01 Per Share	Tax liability	-$1.67M	-58.7K	-17.98%	$28.53	268K	Apr 1, 2024	Direct	F2

* 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 63,633 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 63,633 PSUs and 42,422 restricted stock units ("RSUs"). The grant of the RSUs was reported on Form 4 filed June 30, 2021.

Content

Consists of the vesting of 63,633 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 63,633 PSUs and 42,422 restricted stock units ("RSUs"). The grant of the RSUs was reported on Form 4 filed June 30, 2021.