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 0001127602-25-011437 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-04-03 | 2025-04-01 | GIII | Aaron Sammy | Pres, Vice COB, Dir | F - Tax | $27.48 | -32.4K | 361.2K | -8% | -$890.9K | |
| 2025-04-03 | 2025-04-01 | GIII | Aaron Sammy | Pres, Vice COB, Dir | A - Grant | $0.00 | +58.6K | 393.6K | +18% | $0 |
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 | 2025-04-01 | F | D | 32,420 | $27.48 | 361,170 | D | — | — | (F2) Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 58,624 PSUs. |
| 2 | Common | Common Stock, Par Value $.01 Per Share | 2025-04-01 | A | A | 58,624 | $0.00 | 393,590 | D | — | — | (F1) Consists of the vesting of 58,624 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%. |