4//SEC Filing
Goldfarb Jeffrey David 4
Accession 0001127602-24-012411
CIK 0000821002other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 8:20 PM ET
Size
9.2 KB
Accession
0001127602-24-012411
Insider Transaction Report
Form 4
Goldfarb Jeffrey David
DirectorOther
Transactions
- Award
Common Stock, Par Value $.01 Per Share
2024-04-01+23,862→ 525,774 total - Tax Payment
Common Stock, Par Value $.01 Per Share
2024-04-01$28.53/sh−20,304$579,273→ 505,470 total
Holdings
- 24,896(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
- 47,170(indirect: By LLC)
Common Stock, Par Value $.01 Per Share
- 2,200(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
Footnotes (2)
- [F1]Consists of the vesting of 23,862 Performance Stock Units ("PSUs"), each representing a contingent right to receive one share of common stock of G-III Apparel Group, Ltd., granted on March 16, 2021, subject to the satisfaction of two metrics: (i) three-year cumulative earnings before interest and taxes ("Adjusted EBIT") and three-year average return on invested capital ("ROIC") during the three-year performance period of fiscal 2022 through fiscal 2024 (the "Performance Period"). The actual amounts to vest at the end of the Performance Period can range from 0% to 150%. The Company achieved 150% for both metrics during the Performance Period.
- [F2]Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 23,862 PSUs and 15,908 restricted stock units ("RSUs"). The grant of the RSUs was reported on Form 4 filed June 30, 2021.
Documents
Issuer
G III APPAREL GROUP LTD /DE/
CIK 0000821002
Entity typeother
Related Parties
1- filerCIK 0001465338
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 8:20 PM ET
- Size
- 9.2 KB