SEC Form 4 · accession 0000950142-18-001357
MOVADO GROUP INC · MOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Cote
Director
Period of report
Jun 5, 2018
Accepted (ET)
Jun 7, 2018 · 5:11 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 StockF1,F2 | Jun 5, 2018 | S | 20,000 | $51.07 | D | 24,733 | I | By trust |
| Common StockF3 | Jun 6, 2018 | S | 20,000 | $52.68 | D | 229,498 | D | |
| Common StockF4 | holding | — | — | — | 2,120 | I | By children |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price in column 4 is a weighted average price. The 20,000 shares were sold in multiple transactions at prices ranging from $50.35 to $52.35, 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.
- F2Shares held in trust for the benefit of the reporting person's children in which the reporting person has an indirect pecuniary interest.
- F3The price in column 4 is a weighted average price. The 20,000 shares were sold in multiple transactions at prices ranging from $51.60 to $53.50, 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.
- F4The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.