Soltani Behzad 4
4 · MOVADO GROUP INC · Filed Apr 2, 2024
Insider Transaction Report
Form 4
Soltani Behzad
Chief Operating Officer
Transactions
- Award
Phantom Stock Unit
2024-03-31+69.4→ 1,434.82 total→ Common Stock (69.4 underlying) - Tax Payment
Common Stock
2024-03-29$27.93/sh−1,918$53,570→ 22,914 total
Footnotes (3)
- [F1]Consists of shares withheld by the company to satisfy the tax withholding obligations upon the vesting of stock awards previously granted on March 29, 2021.
- [F2]Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock.
- [F3]Phantom 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.