SEC Form 4 · accession 0000950142-18-000850
MOVADO GROUP INC · MOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Cote
Director
Period of report
Apr 4, 2018
Accepted (ET)
Apr 6, 2018 · 8:28 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 4, 2018 | M | 9,198 | $30.36 | A | 337,585 | D | |
| Common StockF1 | Apr 4, 2018 | S | 9,198 | $37.8654 | D | 328,387 | D | |
| Common Stock | Apr 4, 2018 | M | 16,750 | $30.34 | A | 345,137 | D | |
| Common StockF1 | Apr 4, 2018 | S | 16,750 | $37.8654 | D | 328,387 | D | |
| Common Stock | Apr 4, 2018 | M | 37,600 | $26.59 | A | 365,987 | D | |
| Common StockF1 | Apr 4, 2018 | S | 37,600 | $37.8654 | D | 328,387 | D | |
| Common Stock | Apr 5, 2018 | M | 13,652 | $30.36 | A | 342,039 | D | |
| Common StockF2 | Apr 5, 2018 | S | 13,652 | $38.6183 | D | 328,387 | D | |
| Common StockF3 | holding | — | — | — | 150,508 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option | $30.36 | Apr 4, 2018 | M | 9,198 | D | Apr 15, 2018 | May 15, 2025 | Common Stock | 9,198 | 13,652 | D |
| Employee Stock Option | $30.34 | Apr 4, 2018 | M | 16,750 | D | Apr 19, 2016 | Apr 19, 2023 | Common Stock | 16,750 | 0 | D |
| Employee Stock Option | $26.59 | Apr 4, 2018 | M | 37,600 | D | Apr 20, 2015 | Apr 20, 2022 | Common Stock | 0 | 0 | D |
| Employee Stock Option | $30.36 | Apr 5, 2018 | M | 13,652 | D | Apr 15, 2018 | May 15, 2025 | Common Stock | 13,652 | 0 | D |
Explanation of responses
- F1The price in column 4 is a weighted average price. The 63,548 shares were sold in multiple transactions at prices ranging from $37.50 to $38.35, 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 sold at each price within the range.
- F2The price in column 4 is a weighted average price. The 13,652 shares were sold in multiple transactions at prices ranging from $37.95 to $39.35, 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 sold at each price within the range.
- F3Shares held in trust for the benefit of the reporting person's children in which the reporting person has an indirect pecuniary interest