GOLDFARB MORRIS 4
4 · G III APPAREL GROUP LTD /DE/ · Filed Dec 14, 2023
Insider Transaction Report
Form 4
GOLDFARB MORRIS
DirectorChief Executive Officer10% Owner
Transactions
- Other
Common Stock, Par Value $.01 Per Share
2023-12-12$33.25/sh+500,000$16,625,000→ 3,499,276 total - Other
Common Stock, Par Value $.01 Per Share
2023-12-12$33.25/sh+500,000$16,625,000→ 3,999,276 total
Holdings
- 29,666(indirect: By Spouse)
Common Stock, Par Value $.01 Per Share
- 0(indirect: MORRIS GOLDFARB 2023 GRAT LF II)
Common Stock, Par Value $.01 Per Share
- 76,175(indirect: By Foundation)
Common Stock, Par Value $.01 Per Share
- 200,000(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
- 200,000(indirect: By Trust)
Common Stock, Par Value $.01 Per Share
- 0(indirect: MORRIS GOLDFARB 2023 GRAT JG II)
Common Stock, Par Value $.01 Per Share
- 166,750(indirect: By LLC)
Common Stock, Par Value $.01 Per Share
Footnotes (1)
- [F1]Effective December 12, 2023, Mr. Goldfarb withdrew 500,000 shares of common stock from each of the Morris Goldfarb 2023 GRAT JG II and the Morris Goldfarb 2023 GRAT LF II, each of which is a grantor retained annuity trust for the benefit of himself and his children, in exchange for promissory notes. The principal amount of each promissory note is equal to the average of the high and low sales prices of G-III Apparel Group Ltd.'s common stock on such date, multiplied by the number of shares of common stock withdrawn from the corresponding GRAT.