Jeffrey Goldfarb - 01 Apr 2025 Form 4 Insider Report for G III APPAREL GROUP LTD /DE/ (GIII)

Signature
/s/ Jeffrey Goldfarb
Issuer symbol
GIII
Transactions as of
01 Apr 2025
Transactions value $
-$540,477
Form type
4
Filing time
03 Apr 2025, 16:44:48
Previous filing
21 Mar 2025
Next filing
18 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GIII Common Stock, Par Value $.01 Per Share Award $0 +14.7K +2.58% $0.00 584K 01 Apr 2025 Direct F1
transaction GIII Common Stock, Par Value $.01 Per Share Tax liability -$540K -19.7K -3.37% $27.48 564K 01 Apr 2025 Direct F2
holding GIII Common Stock, Par Value $.01 Per Share 24.9K 01 Apr 2025 Amanda Julie Goldfarb 2007 Trust
holding GIII Common Stock, Par Value $.01 Per Share 47.2K 01 Apr 2025 JARS Portfolio LLC
holding GIII Common Stock, Par Value $.01 Per Share 2.2K 01 Apr 2025 Ryan Gabriel Goldfarb 2009 Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.