NACKMAN NEAL 4
4 · G III APPAREL GROUP LTD /DE/ · Filed Apr 3, 2025
Insider Transaction Report
Form 4
NACKMAN NEAL
Chief Financial Officer/Treas
Transactions
- Tax Payment
Common Stock, Par Value $.01 Per Share
2025-04-01$27.48/sh−6,556$180,159→ 72,750 total - Award
Common Stock, Par Value $.01 Per Share
2025-04-01+4,884→ 79,306 total
Footnotes (2)
- [F1]Consists of the vesting of 4,884 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 4,884 PSUs and 7,956 restricted stock units ("RSUs"). The grant of the RSUs was reported on Form 4 filed March 22, 2022.