4//SEC Filing
GOLDFARB MORRIS 4
Accession 0001127602-25-011432
CIK 0000821002other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:41 PM ET
Size
16.9 KB
Accession
0001127602-25-011432
Insider Transaction Report
Form 4
GOLDFARB MORRIS
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Stock, Par Value $.01 Per Share
2025-03-04$25.44/sh+500,000$12,720,000→ 500,000 total(indirect: MORRIS GOLDFARB 2024 GRAT JG) - Award
Common Stock, Par Value $.01 Per Share
2025-04-01+87,937→ 3,100,794 total - Disposition to Issuer
Common Stock, Par Value $.01 Per Share
2025-03-04$25.44/sh−500,000$12,720,000→ 3,423,071 total - Award
Common Stock, Par Value $.01 Per Share
2025-03-04$25.44/sh+500,000$12,720,000→ 500,000 total(indirect: MORRIS GOLDFARB 2024 GRAT LF) - Disposition to Issuer
Common Stock, Par Value $.01 Per Share
2025-03-04$25.44/sh−500,000$12,720,000→ 2,923,071 total - Tax Payment
Common Stock, Par Value $.01 Per Share
2025-04-01$27.48/sh−48,630$1,336,352→ 3,052,164 total
Holdings
- 200,000(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
- 166,750(indirect: By LLC)
Common Stock, Par Value $.01 Per Share
- 200,000(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
- 29,666(indirect: By Spouse)
Common Stock, Par Value $.01 Per Share
- 76,175(indirect: By Foundation)
Common Stock, Par Value $.01 Per Share
Footnotes (3)
- [F1]Effective March 4, 2025, Mr. Goldfarb transferred 500,000 shares of common stock to each of the MORRIS GOLDFARB 2024 GRAT JG and the MORRIS GOLDFARB 2024 GRAT LF.
- [F2]Consists of the vesting of 87,937 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 18, 2022, subject to the satisfaction of two metrics: (i) three-year cumulative earnings before interest and taxes and (ii) three-year average return on invested capital during the three-year performance period of fiscal 2023 through fiscal 2025 (the "Performance Period"). The portion of the PSU that vested based on the achievement of the performance metrics during the Performance Period was 61.4%.
- [F3]Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 87,937 PSUs.
Documents
Issuer
G III APPAREL GROUP LTD /DE/
CIK 0000821002
Entity typeother
Related Parties
1- filerCIK 0001007772
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:41 PM ET
- Size
- 16.9 KB