SEC Form 4 · accession 0000950142-18-000793
MOVADO GROUP INC · MOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis Anthony Morelli
Officer — Sr. VP Global Bus. Proc. & CIO
Period of report
Apr 2, 2018
Accepted (ET)
Apr 4, 2018 · 6:22 pm EDT
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 Stock | Apr 2, 2018 | M | 10,000 | $26.59 | A | 52,810 | D | |
| Common StockF1 | Apr 2, 2018 | S | 10,000 | $37.6085 | D | 42,810 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option | $26.59 | Apr 2, 2018 | M | 10,000 | D | Apr 20, 2015 | Apr 20, 2022 | Common Stock | 10,000 | 8,400 | D |
Explanation of responses
- F1The price in column 4 is a weighted average price. The 10,000 shares were purchased in multiple transactions at prices ranging from $37.35 to $37.95, inclusive. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.