0000950142-20-001566.txt : 20200612 0000950142-20-001566.hdr.sgml : 20200612 20200612160940 ACCESSION NUMBER: 0000950142-20-001566 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200609 FILED AS OF DATE: 20200612 DATE AS OF CHANGE: 20200612 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Soltani Behzad CENTRAL INDEX KEY: 0001814572 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16497 FILM NUMBER: 20960299 MAIL ADDRESS: STREET 1: 650 FROM ROAD STREET 2: STE 375 CITY: PARAMUS STATE: NJ ZIP: 07652-3556 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MOVADO GROUP INC CENTRAL INDEX KEY: 0000072573 STANDARD INDUSTRIAL CLASSIFICATION: WATCHES, CLOCKS, CLOCKWORK OPERATED DEVICES/PARTS [3873] IRS NUMBER: 132595932 STATE OF INCORPORATION: NY FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 650 FROM ROAD STREET 2: SUITE 375 CITY: PARAMUS STATE: NJ ZIP: 07652 BUSINESS PHONE: 201-267-8000 MAIL ADDRESS: STREET 1: 650 FROM ROAD STREET 2: SUITE 375 CITY: PARAMUS STATE: NJ ZIP: 07652 FORMER COMPANY: FORMER CONFORMED NAME: NORTH AMERICAN WATCH CORP DATE OF NAME CHANGE: 19930916 3 1 es2000869_3-soltani.xml OWNERSHIP DOCUMENT X0206 3 2020-06-09 0 0000072573 MOVADO GROUP INC MOV 0001814572 Soltani Behzad C/O MOVADO GROUP, INC. 650 FROM ROAD, SUITE 375 PARAMUS NJ 07652 0 1 0 0 EVP,Commercial President & CTO Common Stock 10699 D Phantom Stock Units Common Stock 407.30 D Phantom stock units acquired under issuer's Deferred Compensation Plan distributable in equal annual installments for 10 years following date of reporting person's termination of employment with issuer. Each share of phantom stock is the economic equivalent of one share of Movado Group, Inc. common stock. Exhibit List: Exhibit 24 - Power of Attorney /s/ Mitchell C. Sussis, attorney-in-fact 2020-06-12 EX-24 2 es2000869_ex24.htm EXHIBIT 24
 
 
EXHIBIT 24
Power of Attorney
Know all by these presents, that the undersigned hereby constitutes and appoints each of Mitchell C. Sussis and Sallie A. Demarsilis, each signing individually, the undersigned’s true and lawful attorney-in fact and agent to:
(1) execute for and on behalf of the undersigned, an officer, director or holder of 10% or more of a registered class of securities of Movado Group, Inc., a New York corporation (the “Company”), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the rules thereunder;
(2) do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to complete and execute such Form 3, 4 or 5, complete and execute any amendment or amendments thereto, and timely file such forms or amendments with the United States Securities and Exchange Commission and any stock exchange or similar authority; and
(3) take any other action of any nature whatsoever in connection with the foregoing, which, in the opinion of such attorney-in-fact, may be of benefit, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.
The undersigned hereby grants to such attorney-in-fact full power of authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorney-in-fact, serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until the earliest to occur of (a) the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company or (b) revocation by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 9th day of June, 2020.
 
 
/s/ Behzad Soltani
 
 
Behzad Soltani