0001127602-24-012413.txt : 20240403
0001127602-24-012413.hdr.sgml : 20240403
20240403202227
ACCESSION NUMBER: 0001127602-24-012413
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240401
FILED AS OF DATE: 20240403
DATE AS OF CHANGE: 20240403
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NACKMAN NEAL
CENTRAL INDEX KEY: 0001272938
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-18183
FILM NUMBER: 24821184
MAIL ADDRESS:
STREET 1: C/O G-III APPAREL GROUP LTD
STREET 2: 512 SEVENTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10019
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: G III APPAREL GROUP LTD /DE/
CENTRAL INDEX KEY: 0000821002
STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 411590959
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 512 SEVENTH AVE
CITY: NEW YORK
STATE: NY
ZIP: 10018
BUSINESS PHONE: 2126298830
MAIL ADDRESS:
STREET 1: 512 SEVENTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10018
FORMER COMPANY:
FORMER CONFORMED NAME: ANTE CORP
DATE OF NAME CHANGE: 19891120
4
1
form4.xml
PRIMARY DOCUMENT
X0508
4
2024-04-01
0000821002
G III APPAREL GROUP LTD /DE/
GIII
0001272938
NACKMAN NEAL
C/O G-III APPAREL GROUP, LTD.
512 SEVENTH AVENUE
NEW YORK
NY
10018
1
Chief Financial Officer/Treas
0
Common Stock, Par Value $.01 Per Share
2024-04-01
4
A
0
8591
0
A
72380
D
Common Stock, Par Value $.01 Per Share
2024-04-01
4
F
0
7310
28.53
D
65070
D
Consists of the vesting of 8,591 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 16, 2021, subject to the satisfaction of two metrics: (i) three-year cumulative earnings before interest and taxes ("Adjusted EBIT") and three-year average return on invested capital ("ROIC") during the three-year performance period of fiscal 2022 through fiscal 2024 (the "Performance Period"). The actual amounts to vest at the end of the Performance Period can range from 0% to 150%. The Company achieved 150% for both metrics during the Performance Period.
Represents shares withheld to satisfy the Reporting Person's tax obligation in connection with the vesting of 8,591 PSUs and 5,727 restricted stock units ("RSUs"). The grant of the RSUs was reported on Form 4 filed June 30, 2021.
/s/ Neal Nackman
2024-04-03