SEC Form 4 · accession 0001127602-17-034364
G III APPAREL GROUP LTD /DE/ · GIII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Morris Goldfarb
Officer — CEO · Director · 10% Owner
Period of report
Dec 7, 2017
Accepted (ET)
Dec 11, 2017 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000821002
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $.01 Per Share | Dec 7, 2017 | J | 500,000 | $34.955 | D | 0 | I | Morris Goldfarb 2017 GRAT LF |
| Common Stock, Par Value $.01 Per Share | Dec 7, 2017 | J | 500,000 | $34.955 | A | 3,854,329 | D | |
| Common Stock, Par Value $.01 Per Share | Dec 7, 2017 | J | 500,000 | $34.955 | D | 0 | I | Morris Goldfarb 2017 GRAT JG |
| Common Stock, Par Value $.01 Per Share | Dec 7, 2017 | J | 500,000 | $34.955 | A | 3,354,329 | D | |
| Common Stock, Par Value $.01 Per Share | holding | — | — | — | 200,000 | I | Arlene Goldfarb 2012 Delaware Trust | |
| Common Stock, Par Value $.01 Per Share | holding | — | — | — | 166,750 | I | Goldfarb Family Partners, LLC | |
| Common Stock, Par Value $.01 Per Share | holding | — | — | — | 200,000 | I | Morris Goldfarb 2012 Delaware Trust | |
| Common Stock, Par Value $.01 Per Share | holding | — | — | — | 29,666 | I | Spouse | |
| Common Stock, Par Value $.01 Per Share | holding | — | — | — | 92,802 | I | The Morris And Arlene Goldfarb Family Foundation | |
| Common Stock, Par Value $.01 Per Share | holding | — | — | — | 130,000 | I | Trust For Daughter ( Spouse Is Trustee) | |
| Common Stock, Par Value $.01 Per Share | holding | — | — | — | 130,000 | I | Trust For Son (spouse Is Trustee) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective December 7, 2017, Mr. Goldfarb withdrew 500,000 shares of common stock from each of the Morris Goldfarb 2017 GRAT JG and the Morris Goldfarb 2017 GRAT LF in exchange for promissory notes. The principal amount of each promissory note is equal to the average of the high and low sales prices of our common stock on such date, multiplied by the number of shares of common stock withdrawn from the corresponding GRAT.