Form 4 for GIII G III APPAREL GROUP LTD /DE/
Accepted 2025-04-03 00:00:00 ET · period of report 2025-04-01 · accession 0001127602-25-011432 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-04-03 | 2025-03-04 | GIII | GOLDFARB MORRIS | CEO, Dir | D - Sale to Iss | $25.44 | -1.00M | 2.92M | -25% | -$25.44M |
| 2025-04-03 | 2025-04-01 | GIII | GOLDFARB MORRIS | CEO, Dir | A - Grant | $0.00 | +87.9K | 3.10M | +3% | $0 | |
| 2025-04-03 | 2025-04-01 | GIII | GOLDFARB MORRIS | CEO, Dir | F - Tax | $27.48 | -48.6K | 3.05M | -2% | -$1.34M | |
| MI | 2025-04-03 | 2025-03-04 | GIII | GOLDFARB MORRIS | CEO, Dir | A - Grant | $25.44 | +1.00M | 500.0K | New | +$25.44M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, Par Value $.01 Per Share | 2025-03-04 | D | D | 500,000 | $25.44 | 3,423,071 | D MORRIS GOLDFARB 2024 GRAT LF | — | — | (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. |
| 2 | Common | Common Stock, Par Value $.01 Per Share | 2025-04-01 | A | A | 87,937 | $0.00 | 3,100,794 | D | — | — | (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%. |
| 3 | Common | Common Stock, Par Value $.01 Per Share | 2025-03-04 | D | D | 500,000 | $25.44 | 2,923,071 | D | — | — | (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. |
| 4 | Common | Common Stock, Par Value $.01 Per Share | 2025-04-01 | F | D | 48,630 | $27.48 | 3,052,164 | D | — | — | (F3) Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 87,937 PSUs. |
| 5 | Common | Common Stock, Par Value $.01 Per Share | 2025-03-04 | A | A | 500,000 | $25.44 | 500,000 | I MORRIS GOLDFARB 2024 GRAT JG | — | — | (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. |
| 6 | Common | Common Stock, Par Value $.01 Per Share | 2025-03-04 | A | A | 500,000 | $25.44 | 500,000 | I | — | — | (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. |