SEC Form 4 · accession 0000950142-17-000071
MOVADO GROUP INC · MOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Cote
Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 8:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000072573
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 3, 2017 | M | 179 | — | A | 401,226 | D | |
| Common StockF2 | holding | — | — | — | 171,508 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF3,F1 | — | Jan 3, 2017 | M | 179 | D | Jan 3, 2017 | Jan 3, 2017 | Common Stock | 179 | 13,415 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share on Movado Group, Inc. common stock.
- F2Shares held in trust for the benefit of the reporting person's children in which the reporting person has an indirect pecuniary interest.
- 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.