SEC Form 4 · accession 0000950142-16-003426
MOVADO GROUP INC · MOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Cote
Officer — Vice Chairman - COO · Director
Period of report
Mar 29, 2016
Accepted (ET)
Apr 1, 2016 · 9:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000072573
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF1,F2 | — | Mar 29, 2016 | A | 290 | A | — | — | Common Stock | 290 | 13,285 | D |
| Phantom Stock UnitF1,F3 | — | Mar 31, 2016 | A | 126 | A | — | — | Common Stock | 126 | 13,411 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share on Movado Group, Inc. common stock.
- F2Phantom stock units acquired under issuer's Deferred Compensation Plan in connection with Mr. Cote's anticipated retirement from the issuer. Distributable in equal annual installments for 10 years following date of reporting person's termination of employment with issuer.
- F3Phantom 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.