SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BROSIG THOMAS

(Last) (First) (Middle)
2011 BAYOU LAPORTE

(Street)
BILOXI MS 39531

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
G III APPAREL GROUP LTD /DE/ [ GIII ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/12/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/12/2006 S 300 D $20.56 0 D
Common Stock 12/13/2006 M 600 A $3.83 600 D
Common Stock 12/13/2006 M 747 A $2.96 1,347 D
Common Stock 12/13/2006 M 153 A $1.33 1,500 D
Common Stock 12/13/2006 M 1,200 A $1.71 2,700 D
Common Stock 12/13/2006 M 1,500 A $6.37 4,200 D
Common Stock 12/13/2006 M 1,500 A $3.15 5,700 D
Common Stock 12/13/2006 M 3,600 A $5.4 9,300 D
Common Stock 12/13/2006 M 2,400 A $5.5 11,700 D
Common Stock 12/13/2006 M 13,500 A $4.55 25,200 D
Common Stock 12/13/2006 M 1,800 A $4.95 27,000 D
Common Stock 12/13/2006 M 1,200 A $5.18 28,200 D
Common Stock 12/13/2006 M 600 A $5.03 28,800 D
Common Stock 12/13/2006 S 28,800 D $21.81 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy) $1.33 12/13/2006 M 153 06/18/1999(1) 04/28/2009 Common Stock 153 $0 0 D
Stock Options (Right to buy) $1.71 12/13/2006 M 1,200 06/18/2000(1) 06/18/2009 Common Stock 1,200 $0 0 D
Stock Options (Right to buy) $2.96 12/13/2006 M 747 06/18/1999(1) 06/18/2008 Common Stock 747 $0 0 D
Stock Options (Right to buy) $3.15 12/13/2006 M 1,500 06/14/2001(1) 06/14/2010 Common Stock 1,500 $0 0 D
Stock Options (Right to buy) $3.83 12/13/2006 M 600 06/19/1998(1) 06/19/2007 Common Stock 600 $0 0 D
Stock Options (Right to buy) $4.55 12/13/2006 M 13,500 12/13/2003(1) 12/13/2012 Common Stock 13,500 $0 9,000 D
Stock Options (Right to buy) $4.95 12/13/2006 M 1,800 06/13/2004(1) 06/13/2013 Common Stock 1,800 $0 1,200 D
Stock Options (Right to buy) $5.03 12/13/2006 M 600 06/10/2006(1) 06/10/2015 Common Stock 600 $0 2,400 D
Stock Options (Right to buy) $5.18 12/13/2006 M 1,200 06/14/2005(1) 06/14/2014 Common Stock 1,200 $0 1,800 D
Stock Options (Right to buy) $5.4 12/13/2006 M 3,600 04/24/2003(1) 04/24/2012 Common Stock 3,600 $0 900 D
Stock Options (Right to buy) $5.5 12/13/2006 M 2,400 06/13/2003(1) 06/13/2012 Common Stock 2,400 $0 600 D
Stock Options (Right to buy) $6.37 12/13/2006 M 1,500 06/13/2002(1) 06/13/2011 Common Stock 1,500 $0 0 D
Explanation of Responses:
1. These options are currently exercisable and vested in equal amounts on each of the first five anniversary dates of the date of the grant.
Thomas J. Brosig 12/15/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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