Goldfarb Jeffrey David 4
4 · G III APPAREL GROUP LTD /DE/ · Filed Apr 3, 2025
Insider Transaction Report
Form 4
Goldfarb Jeffrey David
DirectorOther
Transactions
- Award
Common Stock, Par Value $.01 Per Share
2025-04-01+14,656→ 583,724 total - Tax Payment
Common Stock, Par Value $.01 Per Share
2025-04-01$27.48/sh−19,668$540,477→ 564,056 total
Holdings
- 2,200(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
- 47,170(indirect: By LLC)
Common Stock, Par Value $.01 Per Share
- 24,896(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
Footnotes (2)
- [F1]Consists of the vesting of 14,656 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%.
- [F2]Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 14,656 PSUs and 23,870 restricted stock units ("RSUs"). The grant of the RSUs was reported on Form 4 filed March 22, 2022.